An annual growing perpetuity has a present value of $363,636.36  What is the growth rate (g) of this perpetuity if it starts with a $10,000 cash flow and the discount rate is 4%?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 15EB: Project X costs $10,000 and will generate annual net cash inflows of $4,800 for five years. What is...
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An annual growing perpetuity has a present value of $363,636.36  What is the growth rate (g) of this perpetuity if it starts with a $10,000 cash flow and the discount rate is 4%? 

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