Question
Given an interest rate of APR = 12%, what is the value at the end of year six (t=6) of a perpetual (forever) annual cash
Given an interest rate of APR = 12%, what is the value at the end of year six (t=6) of a perpetual (forever) annual cash flow stream of $120 each year that begins in year ten (t=10)? Hints: The first payment is at t = 10; You are computing value at t = 6. Timeline.
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Accounting And Auditing Practices In Africa
Authors: Mariaan Roos, Lesley Stainbank
1st Edition
1928357431, 978-1928357438
