Suppose that one year from now you receive 1000 at the end
Suppose that one year from now you receive $1000. At the end of the next nine years you receive a payment that is 4% larger than the prior year. If the cost of capital is 12% what is this stream of cash flows worth today?
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suppose that one year from now you receive 1000 at the end of the next nine years you receive a payment that is 4
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