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d) What is the present value of a stream of payment where the Year 1 payment is $100,000 and the future payment growth at a

d) What is the present value of a stream of payment where the Year 1 payment is $100,000 and the future payment growth at a rate of 6% per year? The interest rate used to discount the payment is 10%. [05 Marks] PV => PMT period 1 i-g

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