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You own a parking lot. Net income next year would be $ 2 0 0 , 0 0 0 and you expect that net income
You own a parking lot. Net income next year would be $ and you expect that net
income will increase indefinitely by each year. Someone has expressed an interest in buying
the parking lot, and offered to make a fixed payment at the end of each year for next years. If
he discount rate is what would be the annual payment?
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