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What is the present value of a growing perpetuity that has an initial payment of $20,000 one year from now. Assume a growth rate of
What is the present value of a growing perpetuity that has an initial payment of $20,000 one year from now. Assume a growth rate of 5% and a rate of return equal to 9%.
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$50,000.00 | |
$500,000.00 | |
$222,222,22 | |
$400,000.00 |
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