***PLEASSE HELP THANKS IN ADVANCE!!!**** (Related to Checkpoint 6.5) (Present value of a growing...
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***PLEASSE HELP THANKS IN ADVANCE!!!****
(Related to Checkpoint 6.5) (Present value of a growing perpetuity) What is the present value of a perpetual stream of cash flows that pays $2,500 at the end of year one and the annual cash flows grow at a rate of 4% per year indefinitely, if the appropriate discount rate is 15%? What if the appropriate discount rate 13%
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