Calculate the Present Value of a Growing Annuity Given the Following

question 159

Multiple Choice

Calculate the present value of a growing annuity given the following information: current cash flows: $260,000; cash flow growth rate = 6%; timeframe = 65 years; required rate of return = 14%.

• A) $3,221,296
• B) $3,321,296
• C) $3,421,296
• D) $3,521,296
• E) $3,621,296

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