What is the present value of a cash flow stream of 1,000 per year annually for 12 years that then grows at 4.6% per year forever 3What is the present value of a cash flow stream of $1,000 per year annually for 12 years that then grows at 4.6 percent per year foreverwhen the discount rate is 13 percent?Note: Round intermediate calculations and final answer to 2 decimal places.BookAskerences~Present valueere to search$ 8,790.48** You received no credit for this question in the previous attemptO(99+< PrevO3 of 8ChopNext >3View previous attempt←71°F Partly sunnyCheckB

Present value is the equivalent value of money today based on the based on the future cash flow from…

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hat is the present value of a cash flow stream of 1,000 per year annually for 12 years that then grows at 4.6% per year forever

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

ChapterA3: Time Value Of Money

Section: Chapter Questions

Problem 12E

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What is the present value of a cash flow stream of 1,000 per year annually for 12 years that then grows at 4.6% per year forever

3
What is the present value of a cash flow stream of $1,000 per year annually for 12 years that then grows at 4.6 percent per year forever
when the discount rate is 13 percent?
Note: Round intermediate calculations and final answer to 2 decimal places.
Book
Ask
erences
~
Present value
ere to search
$ 8,790.48
** You received no credit for this question in the previous attempt
O
(99+
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3 of 8
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Next >
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