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Find the present value of the following growing perpetuities at EAR of 10% a) First payment of $100 in one year, grows by 2% each
Find the present value of the following growing perpetuities at EAR of 10%
a) First payment of $100 in one year, grows by 2% each year. Payments are annual.
b) First payment of $100 in two year, grows by 2% every two years. Payments are made every two years.
c) First payment of $100 in one year, grows by 2% every two years. Payments are made every two years.
d) First payment of $100 today, grows by 2% every two years. Payments are made every two years.
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