Question
Determine the difference between the present value of a 1000 twenty year annuity earning 8% interest compounded annually verse a 1000 twenty year growing annuity
Determine the difference between the present value of a 1000 twenty year annuity earning 8% interest compounded annually verse a 1000 twenty year growing annuity earning 8% interest compounded annually and having a 2% annuity growth rate
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Introductory Econometrics For Finance
Authors: Chris Brooks
4th Edition
110843682X, 9781108436823
