Question
What is the present value of a perpetual stream of cash flows that pays $30,000 at the end of year one and then grows at
What is the present value of a perpetual stream of cash flows that pays $30,000 at the end of year one and then grows at a rate of 4% per year indefinitely? The rate of interest used to discount the cash flows is 9%.
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Essentials Of Real Estate Finance
Authors: David Sirota, Doris Barrell
14th Edition
1475428391, 9781475428391
