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Goldman Sachs Group has offered you an investment opportunity that will provide you with a 2 0 - year cash flow stream ( payment is
Goldman Sachs Group has offered you an investment opportunity that will provide you with a year cash flow stream payment is made at the end of every year The cash flow stream is expected to grow by per year, with the first year's cash flow expected to be How much would you be willing to pay for this investment if you require a rate of return? HINT: You want to find out the PV of a finite growing annuity.
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