Question
Zane will pay you $700 every year for 25 years beginning next year, but the payment will grow at 4% per year and discount rate
Zane will pay you $700 every year for 25 years beginning next year, but the payment will grow at 4% per year and discount rate is 6%.
What is the PV of this cash flows
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Financial Reporting Financial Statement Analysis and Valuation
Authors: Clyde P. Stickney
6th edition
324302959, 978-0324302967, 324302967, 978-0324302950
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