Question

A perpetual stream of annual $2,000 payments starts at date t=10. If the discount rate is 5% per year, what is the value of this stream of payments at date t=7? $32,908.10 $31,341.05 $36,281.18 $34,553.50 $29,848.62

          A perpetual stream of annual $2,000 payments starts at date t=10. If the discount rate is 5% per year, what is the value of this stream of payments at date t=7?
$32,908.10
$31,341.05
$36,281.18
$34,553.50
$29,848.62
        

Added by Kristin V.

Horngren’s Cost Accounting
Horngren’s Cost Accounting
Srikant M. Datar, Madhav V. Rajan 16th Edition
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A perpetual stream of annual $2,000 payments starts at date t=10. If the discount rate is 5% per year, what is the value of this stream of payments at date t=7? $32,908.10 $31,341.05 $36,281.18 $34,553.50 $29,848.62
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00:01 Present value of initial payment of $1000 from here we can find the present value by using the single payment formula as 1000 by 1 plus 0 .05 as 5 % of the discount rate so from here we can get the present value as $9 .6238 now the present value for the case of increasing payment we can get as c by r minus g where c is the initial payment, d is the discount rate and g is the great deal.
00:47 So from here 100 by initial payment is 100, discount rate is 0 .05 and this rate is 0 .01.
00:56 So from here we can get the value as the initial payment for the increasing stream as $7500...
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