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What is the present value of an annual payment stream that starts next year at $100 and grows 3% every year thereafter into the infinite
What is the present value of an annual payment stream that starts next year at $100 and grows 3% every year thereafter into the infinite future is the discount rate is an effective 5% per year?
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Financial And Managerial Accounting
Authors: Nonso E Okpala
1st Edition
1634873904, 9781634873901
