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klasskru [66]
2 years ago
15

if the present value of growing perpetuity is 214,the required rate of return is 10% and growth rate is 3%, what is cash flow in

year1(round to nearest whole number) i
Business
1 answer:
gizmo_the_mogwai [7]2 years ago
8 0

Answer:

15

Explanation:

PV= 214

rate of return 10%

(10+1)^1

11+3= 14

214/14= 15.2...= <u>15</u>

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<h3>The Formula and Calculation of Time Value</h3>

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