You are given a following growing perpetuity with quarterly payments: It pays $30 at the...
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Accounting
You are given a following growing perpetuity with quarterly payments: It pays $30 at the end of the first quarter. After that the payment grows at 1.500% per quarter, forever. The annual interest rate is a constant effective 12% per year. What is the PV of this growing perpetuity at time t=0
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