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QUESTION
Use the following information to calculate the value of the firm.
a. Use the following information to calculate the value of the firm. Interest 15% and the firm is expected to grow at an annual rate of 7% (assume growth rate is constant) If the current profits of the firm are $150 million.Why is it important to discount future profits?b. Define and explain the four types of efficiencies. What role do they play in decision making?
