What is this cash flow worth assume interest rates are


A record company bought the rights to an artist's music catalogue and they expect to receive royalty payments of $62,000 per year forever (a perpetuity). What is this cash flow worth? Assume interest rates are 6.1%.

Solution Preview :

Prepared by a verified Expert
Business Economics: What is this cash flow worth assume interest rates are
Reference No:- TGS02555475

Now Priced at $10 (50% Discount)

Recommended (93%)

Rated (4.5/5)