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We often use a version of the perpetuity formula to value stock.That is, we consider a company as a going concern operating without an expected

We often use a version of the perpetuity formula to value stock.That is, we consider a company as a "going concern" operating without an expected end, and paying out earnings to investors.A perpetuity is a constant stream of cash flows without end.Why doesn't it have an infinite value?(Stocks do not have an infinite value).Under what cases can we easily calculate a perpetuity or stock's value?

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