Question
When when do I use the present value of an annuity and when do I use the present value of perpetuity in a finance question(
When when do I use the present value of an annuity and when do I use the present value of perpetuity in a finance question( how can I recognize that I need to use one of these?) Likewise when do I use the present value of a growing perpetuity or growing a new entity and how can I recognize that I need to calculate this in the question?
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Financial and Management Accounting
Authors: Pauline Weetman
7th edition
1292086599, 978-1292086590
