If the appropriate discount rate is 65 what is the value of


A contract specifies that you will receive $1000 in one year, $1020 in two years, and annual payments that continue to grow at a 2% rate forever. If the appropriate discount rate is 6.5%, what is the value of this contract? SHOW DETAILED WORK INCLUDING THE FORMULAS YOU USE TO CALCULATE THIS

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Financial Management: If the appropriate discount rate is 65 what is the value of
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