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Stream of Cash Flow Assignment

Author:
February 18th, 2020

Jill has just won the lottery. She will receive semi-annual payments of $24,000 commencing in 6 months time and growing at 1.8% each half-year, forever. If the interest rate is 7.1% per annum compounded semi-annually, the value of this stream of cash flows today is (to the nearest whole dollar; don’t include $ sign or commas): Get Finance homework help today

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