Question: answer and work please What is the present value of a cash flow stream of $1,000 per year annually for 19 years that then grows
answer and work please
What is the present value of a cash flow stream of $1,000 per year annually for 19 years that then grows at 3.8 percent per year forever when the discount rate is 9 percent? (Round intermediate calculations and final answer to 2 decimal places.) Answer is complete but not entirely correct. Present $ 12,832,31 value
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