Answer:
looks like 3/4
Step-by-step explanation:
The cash flow in year 1 is $15.
<h3>What is the cash flow in year 1?
</h3>
A growing perpetuity increases continuously and indefinitely.
Cash flow = present value x (rate of return - growth rate)
214 x (10% - 3%)
214 x 0.07 = $15
To learn more about present value, please check: brainly.com/question/17322936
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Answer:
-7+(12)-(-8)-(9)+(-12)-(-10)+(-5)= -3
Step-by-step explanation: