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The year is 2030. You aim to provide $1 billion a year forever, starting next year. If the discount rate is 8%, how much will
The year is 2030. You aim to provide $1 billion a year forever, starting next year. If the discount
rate is 8%, how much will you need to endow to your foundation in 2030 if payments start in 2031?
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Public Finance
Authors: Harvey S Rosen
6th Edition
0072374055, 978-0072374056
