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Derive the growing perpetuity formula. Begin with the formula of the ( infinite ) sum of discounted cash flows and multiply both sides by (
Derive the growing perpetuity formula. Begin with the formula of the infinite sum of discounted cash flows and multiply both sides by rg to ultimately simplify to the growing perpetuity formula. Annotate with r as the discount rate, g as the growth rate, and C as the cash flow received per period.
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