An investment is expected to generate annual cash flows forever. The first annual cash flow is expected in 1 year and all subsequent annual cash flows are expected to grow at a constant rate annually. We know that the cash flow expected in 1 years from today is expected to be $50.00 and the cash flow expected in 4 years from today is expected to be $55.64. What is the cash flow expected to be in 3 years from today?(Round the value to 100th decimal)
An investment is expected to generate annual cash flows forever. The first annual cash flow is expected in 1 year and all subsequent annual cash flows are expected to grow at a constant rate annually. We know that the cash flow expected in 1 years from today is expected to be $50.00 and the cash flow expected in 4 years from today is expected to be $55.64. What is the cash flow expected to be in 3 years from today?(Round the value to 100th decimal)
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 28P
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An investment is expected to generate annual cash flows forever. The first annual cash flow is expected in 1 year and all subsequent annual cash flows are expected to grow at a constant rate annually. We know that the cash flow expected in 1 years from today is expected to be $50.00 and the cash flow expected in 4 years from today is expected to be $55.64. What is the cash flow expected to be in 3 years from today?(Round the value to 100th decimal)
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