(Present value of a growing perpetuity) What is the present value of a perpetual stream of cash flows that pays $80,000
Posted: Wed Jul 06, 2022 6:45 pm
(Present value of a growing perpetuity) What is the present value of a perpetual stream of cash flows that pays $80,000 at the end of year one and then grows at a rate of 6% per year indefinitely? The rate of interest used to discount the cash flows is 9%.