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MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Question description
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Dear everyone,
kindly help me to solve this question:
Q: If we want to get a 10 % rate of return on our money and we assume that the company will grow forever at 5 % per year, then how much we would be willing to pay now to get 50,000 after 6 years for this stock?
I didn't find the right solution from the internet.
References:
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