What is the present value of a cash flow stream of $1000 per year annually for 15

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What is the present value of a cash flow stream of $1000 per year annually for 15 years that then grows at 4% per year forever when the discount rate is 13%?


Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...
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