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What is the present value of a growing perpetuity that starts at$60 at the end of year 5 and grows at a 3% annual rate?
What is the present value of a growing perpetuity that starts at$60 at the end of year 5 and grows at a 3% annual rate? Theappropriate discount rate is 9% 2 answers
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International Money and Finance
Authors: Michael Melvin, Stefan C. Norrbin
8th edition
978-8131234136, 123852471, 978-0123852472
