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Period Cash Flow 1 $17,000 2 $17,000 Starting from Period 3, cash flows have an annual growth of 4%. Discount rate = 14%. Project's life
| Period | Cash Flow |
| 1 | $17,000 |
| 2 | $17,000 |
Starting from Period 3, cash flows have an annual growth of 4%.
Discount rate = 14%.
Project's life = infinite
What is the PV of cash flows?
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Pivotal Decade How The United States Traded Factories For Finance In The Seventies
Authors: Judith Stein
1st Edition
0300171501, 978-0300171501
