Present value of a growing? perpetuity

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(Present value of a growing? perpetuity) What is the present value of a perpetual stream of cash flows that pays ?$5,000 at the end of year one and the annual cash flows grow at a rate of 2?% per year? indefinitely, if the appropriate discount rate is 8?%? What if the appropriate discount rate is 6?%?

Reference no: EM132491585

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