Problemmr futurology a friend of yours has invested 9m in a, Ask an Expert

Economics

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Mr. Futurology, a friend of yours, has invested $9M in a fast-food franchise chain. He has had a net profit of $2.5M/Yr the first two years and $3M/Yr in years 3,4, and 5. If his cost of money is 10%, what is the minimum price he should sell the franchise for?

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