O Points 0 of 1 Present value of a growing perpetuity What

Last updated: 6/27/2023

O Points 0 of 1 Present value of a growing perpetuity What is the present value of a perpetual stream of cash flows that pays 70 000 at the end of year one and then grows at a rate of 5 per year indefinitely The rate of interest used to discount the cash flows is 12 The present value of the growing perpetuity is S Round to the nearest cent CILE