How do you calculate the present value of an annuity? A perpetuity? A growing perpetuity? Which would you prefer?

Financial Management 2

Topic: How do you calculate the present value of an annuity? A perpetuity? A growing perpetuity? Which would you prefer?

Source: (H) Financial Management: Principles and Applications Sheridan Titman, Arthur J. Keown & John D. Martin, 2018

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