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You will receive a growth perpetuity in 5 years. The first payment is $57 (5 years from now. ) After the first payment, the payments
You will receive a growth perpetuity in 5 years. | ||||
The first payment is $57 (5 years from now. ) | ||||
After the first payment, the payments will grow at 3% per year. | ||||
If the discount rate is 10%, what is the value TODAY? |
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