Business
Business, 16.10.2020 15:01, raven681

A financial instrument just paid the investor $100 last year. If the cash flow is expected to last forever and increase each year at 3%, and with a discount rate of 8%, what should be the price that you are willing to pay for this instrument

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A financial instrument just paid the investor $100 last year. If the cash flow is expected to last f...

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