Question
The reversion value of a venture is 1 million dollars. If the terminal value is 1.8 million dollars and the appropriate discount rate is
The reversion value of a venture is 1 million dollars. If the terminal value is 1.8 million dollars and the appropriate discount rate is 12.5%, in how many years (approximately) should we expect their growth to become constant?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
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