Growth and perpetual cash flows Now instead of charging $30,000 each year, assume that you charge...

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Growth and perpetual cash flows Now instead of charging $30,000 each year, assume that you charge the first year's rent $15,000, and 0 will grow it at the rate of 10% for 3 years after that. Again, the maintenance will cost you $5,000 a year. Now you intend to hold the property indefinitely. After the initial 4 years, the growth rate in the rent will stabilize at 5%. The appropriate discount rate is 20%. What kind of cash flow patterns are these? Growth and perpetual cash flows Now instead of charging $30,000 each year, assume that you charge the first year's rent $15,000, and 0 will grow it at the rate of 10% for 3 years after that. Again, the maintenance will cost you $5,000 a year. Now you intend to hold the property indefinitely. After the initial 4 years, the growth rate in the rent will stabilize at 5%. The appropriate discount rate is 20%. What kind of cash flow patterns are these?