What is the present value of a perpetual stream of cash, Financial Management

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What is the present value of a perpetual stream of cash

What is the present value of a perpetual stream of cash flows that pays $80,000 at the end of one year and grows at a rate of 7% indefinitely? The rate of interest used to discount the cash flows is 9%. What is the present value of the growing perpetuity?

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Financial Management: What is the present value of a perpetual stream of cash

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Financial Management: What is the present value of a perpetual stream of cash

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