Business, 15.01.2020 22:31 cedricevans41p4j3kx

Your salary next year is expected to be $40,000. assume you expect your salary to grow at a steady rate of 4% per year for another 25 years. if the appropriate cost of capital (aka discount rate) is 9%, what is the pv today of your future salary cashflow stream? [for simplicity, assume the salary amounts are at the end of each of the next 25 years.] answer to nearest $1000.

246,000

247,000

391,000

553,000

800,000

Answers: 2

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Your salary next year is expected to be $40,000. assume you expect your salary to grow at a steady r...