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Economics

Suppose the growth rate of the firm's profit is 5 percent, the interest rate is 6 percent, and the current profits of the firm are $80 million. What is the value of the firm?

A. $89.2 million

B. $1,413.3 million

C. $8,480 million

D. None of the statements associated with this question are correct.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91992663

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