You will receive a 10 year growing annuity (due). You will receive your firm payment of$1000 today

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You will receive a 10 year growing annuity (due). You will receive your firm payment of$1000 today of that. Your required rate of return is 10% and growth rate is 10%. What is the present value of this growing annuity (due)?

A. infinity (impossible to get)

B. 10,000

C. 1000

D. 909.90

E. 9090.91

Posted Date: May 17, 2024 07:03 AM

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You will receive a 10 year growing annuity (due). You will receive your firm payment of$1000 today

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