Perpetuities are not as rare as one might think. Is there any kind of artificial...
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Perpetuities are not as rare as one might think. Is there any kind of artificial being (Chapter 1) that has the possibility of being perpetual? General Electric (GE), be it a corporation or an artificial being, is still going strong after more than 125 years. Could the methodology for determining the present value of a perpetuity be used to value GE, if you know the cash flows from GE?
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