As discussed in the previous question, a group of investors is considering purchasing a firm. The net
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As discussed in the previous question, a group of investors is considering purchasing a firm. The net income of the firm in 2017 was TL5.6 million and financial analysts expect this level of profitability (adjusted for inflation) to continue indefinitely. At what price would it be worthwhile for the investors to buy the firm if the real interest rate was \(5 \%\) ?
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