Consider the following cash flow: $50 next year, and in each subsequent year the cash flow grows
Fantastic news! We've Found the answer you've been seeking!
Question:
Consider the following cash flow:
$50 next year, and in each subsequent year the cash flow grows by 6%.
The cash flow series continues forever.
If the interest rate is 10%, what is the PV of this cash flow?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: