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What discount rate would make you indifferent between receiving $3,394.00 per year forever and $5,792.00 per year for 24.00 years? Assume the first payment of
What discount rate would make you indifferent between receiving $3,394.00 per year forever and $5,792.00 per year for 24.00 years? Assume the first payment of both cash flow streams occurs in one year. Is this possible to solve using the functions on a financial calculator? if so please explain
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Financial Accounting The Impact On Decision Makers
Authors: Gary A Porter, Curtis L Norton
7th Edition
1439080526, 9781439080528
