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Business, 03.03.2020 03:21 lailahussain99
Cameron is going to receive an annuity for 44 years of $31,596, and Kennedy is going to receive a perpetuity of that same amount. If the appropriate discount rate is 8%, how much more are Kennedy's cash flows worth today than Cameron's cash flows? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e. g., 32.16).)
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Cameron is going to receive an annuity for 44 years of $31,596, and Kennedy is going to receive a pe...
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