A cash flow is a growing annuity for the first 20 years and a simple perpetuity thereafter.The
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A cash flow is a growing annuity for the first 20 years and a simple perpetuity thereafter.The discount rate is 8%. The growth rate for the growing annuity portion is 12% and the first cash flow being $1000 received one year from today. All subsequent cash flows are at one year intervals.
What is the present value of this cash flow?
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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