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In 1 0 years you will begin receiving $ 1 8 5 per year in perpetuity from a family trust fund ( first payment is
In years you will begin receiving $ per year in perpetuity from a family trust fund first payment is exactly years from today You have decided to discount these cash flows at a constant interest rate of What is the present value today of these future cash flows? Hint: draw a time line to illustrate exactly the cash flows for this problem. Answer to decimal places.
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