Flashcards in Ch 4 - Time Value of Money: Valuing Cash Flow Streams Deck (6)
stream of cash flows
a series of cash flows lasting several periods
A stream of equal cash flows that occurs at regular intervals and lasts forever.
A bond that promises its owner a fixed cash flow every year,forever.
A stream of equal cash flows arriving at a regular interval and ending after specified time period.
A stream of cash flows that occurs at regular intervals and grows at a constant rate forever