Compute the present value and duration of a 20-year growing


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Compute the present value and duration of a 20-year growing annuity for which the expected rate of return and cash flow growth rate are equal at 8% and the first payment of $10,000 is due in one year.

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Financial Management: Compute the present value and duration of a 20-year growing
Reference No:- TGS02779497

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