Series of cash flows

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An asset promes the following series of cash flows: 2,300 in year one,3,200 in year two, 3,600 in year three. after year 3 the cash flows are expected to grow at a constant rate of 4.8% in perpetuity. The RRR on the asset ins 12.60%. Calculate the value of the asset today

Reference no: EM131447482

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