What Is the Future Value of a Series of $5,000

question 77

Multiple Choice

What is the future value of a series of $5,000 end-of-the-year cash flows to be received forever if the required rate of return is 6.00% per year and the first cash flow is one year from today?

• A)$83,333,333.33
• B)$8,333,333.33
• C)$83,333.33
• D)This question cannot be solved for a future value.

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