Question: how to solve this question plz step by step Problem 2(5 points): Consider the cash flow stream below. Starting at year 1 you expect to
how to solve this question plz step by step
Problem 2(5 points): Consider the cash flow stream below. Starting at year 1 you expect to receive $100 at the end of every year except in years 3,6,9,12... If the appropriate discount rate is 10% per year, what is the value of this strange perpetuity? 0 1 2 3 4 5 6 7 8 9 10 11 100 100 100 100 100 100 100 100
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