Suppose the growth rate of the firms profit is 7 percent, Business Economics

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Suppose the growth rate of the firms profit is 7 percent

Suppose the growth rate of the firm's profit is 7 percent, the interest rate is 9 percent, and the current profits of the firm are $90 million. The firm does NOT pay out dividends. What is the value of the firm? $4,905 million $613 million $405 million $90 million

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Business Economics: Suppose the growth rate of the firms profit is 7 percent

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Business Economics: Suppose the growth rate of the firms profit is 7 percent

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