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Business, 21.02.2020 05:15 laderickaluckey

A firm expects to earn $10,000,000 in cash in 2018. The firm also expects to increase its cash earnings by 2% each year in perpetuity. Using a discount rate of 7.50%, what is the current value of this firm?

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A firm expects to earn $10,000,000 in cash in 2018. The firm also expects to increase its cash earni...
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