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Estimate a venture's constant growth rate (g) based on the following information: terminal value in year 5 = $400,000; next year's (i.e., year 6) expected
Estimate a venture's constant growth rate (g) based on the following information: terminal value in year 5 = $400,000; next year's (i.e., year 6) expected cash flow = $25,000; and a required rate of return of 20%.
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