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WMW owns an investment that is expected to make annual cash flows forever. The expected return for the investment is 9.7%. The next annual cash
WMW owns an investment that is expected to make annual cash flows forever. The expected return for the investment is 9.7%. The next annual cash flow is expected in 1 year from today and all subsequent cash flows are expected to grown annually by 1.3%. What is the value of the investment if WMW knows that the cash flow in 3 years fron today is expected to br $18,000? A. $219,893 B. $206,141 C. $214,286 D. $208,821 E. none are within $100 of the correct andwer
A. $219,893
B. $206,141
C. $214,286
D. $208,821
E. none are within $100 of the correct andwer
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