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Homework answers / question archive / Suppose the growth rate of the firm's profit is 5%, the interest rate is 6%, and the current profits of the firm are 100 million dollars

Suppose the growth rate of the firm's profit is 5%, the interest rate is 6%, and the current profits of the firm are 100 million dollars

Economics

Suppose the growth rate of the firm's profit is 5%, the interest rate is 6%, and the current profits of the firm are 100 million dollars. What is the value of the firm? a. $111.5 million b. $1,766.6 million C $10,600 million None of the statements associated with this onestion are correct 

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