|PVEGPerpM (DisAER, PmtsPerYear, AnnGrowthRate, [GrowRevsPerYrOpt])|
|Present Value of a Perpetuity|
|PVEGPerpM uses the Gordon Model formula, with an adjustment factor for frequency of payments and growth.|
|Unary||Unary Value ( ie value of $1)|
The parameter GrowthReviewsPerYr is the same units as PmtsPerYear, meaning that it can be arrears or in advance. Bear in mind, however, that if you specify a positive number, i.e. growth in advance, the very first value in the calculation will be assumed escalated by the growth rate based on the length of that period. GrowthreviewsPerYr should usually be -ve.