Perpetuities and Annuities - Corporate Finance - Ivo Welch
Perpetuities and Annuities - Corporate Finance - Ivo Welch
Perpetuities and Annuities - Corporate Finance - Ivo Welch
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What is the value of a promise to receive $10 next year,<br />
growing by 2% (just the inflation rate) forever, if the<br />
interest rate is 6% per year?<br />
16/1