The inflation rate of price land is at 3 it is predicted to


The inflation rate of Price land is at 3%. It is predicted to stay at 3% for the next 5 years, and drop to (and stay at) 2% after 5 years. What is the PW of a cash flow that pays $1000 per year forever if the real rate of return is 5%?

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Business Economics: The inflation rate of price land is at 3 it is predicted to
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