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You will be receiving $25,000 at the end of each year for the next 20 years. If the correct discount rate for such a stream
You will be receiving $25,000 at the end of each year for the next 20 years. If the correct discount rate for such a stream of cash flows is 10% then.
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To calculate the present value of the cash flows we can use the formula for the present value of ...
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
