Find a formula for the present value of an infinite stream
Question: Find a formula for the present value of an infinite stream of payments of the form C, C(1 + g), C(1 + g)2,..., growing at a constant rate g. By the tail-cutting procedure find a formula for the present value of n such payments.
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question find a formula for the present value of an infinite stream of payments of the form c c1 g c1 g2 growing at a
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