Abstract
In this note, the relationship between the present value and future value of growing annuities using the “discounting at the spread” method is exhibited. In addition, the work of Hall (1996) is extended, demonstrating a calculator solution for the future value of a growing annuity.
Full Journal
| Original language | American English |
|---|---|
| Journal | Journal of Economics and Finance Education |
| Volume | 15 |
| State | Published - Jul 1 2016 |
Disciplines
- Finance and Financial Management
Keywords
- Discounting
- Growing annuities
- Note
- Spread