Mathematics, 30.06.2019 05:10 KenyanaBDavis

(present value of a growing perpetuity) what is the present value of a perpetual stream of cash flows that pays $3,500 at the end of year one and the annual cash flows grow at a rate of 4% per year indefinitely, if the appropriate discount rate is 10%? what if the appropriate discount rate is 8%?

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