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You are considering an investment that generates a cash flow of $1000 in 4 years time. The investment is then expected to generate annual cash
You are considering an investment that generates a cash flow of $1000 in 4 years time. The investment is then expected to generate annual cash flows that grow at 5% pa compounded annually for 4 more years. If the required rate of return is 20% pa compounded annually, what is the intrinsic value of this investment opportunity
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