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# Suppose the growth rate of the firm’s profit is 5 percent, the interest rate is 6 percent, and the current profits of the firm are

Question

Suppose the growth rate of the firm’s profit is 5 percent, the interest rate is 6 percent, and the current profits of the firm are $80 million. what is the value of the firm?

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Math High School
1 month
2022-12-26T19:25:23+00:00
2022-12-26T19:25:23+00:00 1 Answer
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## Answer ( 1 )

firmis thegrowth rateof the firm’sprofitis 5percent,the interest rate is 6 percent, and the current profits of the firm are $80 million =8480 million## How to solve for the value of the firm

8,480 milliondollars. Thecorrectanswer isC.percent, the interest rate is 6 percent, and the current profits of the firm are $80 million, the value of the firm is8480 millionComplete questioninterest ratehere: https://brainly.com/question/25793394