The present value of the growing perpetuity

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What is the present value of a perpetual stream of cash flows that pays ?$1 comma 0001,000 at the end of year one and the annual cash flows grow at a rate of 44?% per year? indefinitely, if the appropriate discount rate is 88?%? What if the appropriate discount rate is 66?%?

If the appropriate discount rate is 8?%, the present value of the growing perpetuity is $

Reference no: EM131813270

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