Question: You are evaluating a project's value. The relevant discount rate is 15%. Suppose you find out that the cash flows will be 10 million for
You are evaluating a project's value. The relevant discount rate is 15%.
Suppose you find out that the cash flows will be 10 million for 15 years, but then grow at 5% a year from then on. What is the new PV of the project. Please show all your work as I'm very confused about how to calcualte the PV for this problem
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