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QUESTION
Suppose the interest rate is five percent, the expected growth rate of the firm is two percent, and the firm is expected to continue forever.
Suppose the interest rate is five percent, the expected growth rate of the firm is two percent, and the firm is expected to continue forever. If current profits are $1,000, what is the value of the firm?
Suppose the interest rate is five percent, the expected growth rate of the firm is two percent,and the firm is expected to continue forever. If current profits are $1,000, what is the value of...