An investment requires 20,000 today and produces yearly cash flow of 1200 in perpetuity. Cash flow is

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An investment requires 20,000 today and produces yearly cash flow of 1200 in perpetuity. Cash flow is expected to grow at 2% a year. What is the rate of return of this investment?

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Posted Date: Mar 04, 2020 05:50 AM

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An investment requires 20,000 today and produces yearly cash flow of 1200 in perpetuity. Cash flow is

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Given Items Present Value 20000 Payment Amount 1200 Gro... View the full answer

Practical financial management

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