What is the present value of a cash flow stream
Problem: What is the present value of a cash flow stream of $1,000.00 per year annually for 15 years that then grows at 4 percent per year forever when the discount rate is 13 percent?
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What is the present value of a cash flow stream of $1,000.00 per year annually for 15 years that then grows at 4 % per year forever when discount rate is 13%?
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