Question: What is the present value of a cash flow stream of $1000 per year annually for 15 years that then grows at 4% per year
What is the present value of a cash flow stream of $1000 per year annually for 15 years that then grows at 4% per year forever when the discount rate is 13%?
Step by Step Solution
★★★★★
3.44 Rating (160 Votes )
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Year Amount DF 13 PV 1 1000 0885 88496 2 1000 0783 78315 3 1000 0693 69305 4 1000 ... View full answer
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
Document Format (1 attachment)
68-B-A-T-V-M (1210).xlsx
300 KBs Excel File
