Answer to Question #38550 in Economics of Enterprise for marvi

Question #38550
It is estimated that the annual after-tax profits of the Microwave Corporatior will be $500,000 per year for each of the next 30 years. Given a discount rate of 14 percent, what is the value of this firm?
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Expert's answer
2014-01-24T12:28:06-0500

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