Mathematics, 01.09.2020 06:01 ramos1997

A firm's current profits are $850,000. These profits are expected to grow indefinitely at a constant annual rate of 5 percent. If the firm's opportunity cost of funds is 8 percent, determine the value of the firm: Find: The instant before it pays out current profits as dividends. **I got 306,000,000 but it keeps saying im wrong please help this is beyond frustrating

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