Question
What is the present value of a perpetual stream of cash flows that pays $6,500at the end of year one and the annual cash flows
What is the present value of a perpetual stream of cash flows that pays $6,500at the end of year one and the annual cash flows grow at a rate of 4% per year indefinitely, What if the appropriate discount rate is 14%?
What if the appropriate discount rate is 12%?
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Basic Finance An Introduction To Financial Institutions, Investments, And Management
Authors: Herbert B. Mayo
12th Edition
1337691011, 978-1337691017
