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2. Suppose that a company produces furniture and, based on available data, have found that their profits can be described by the function p(t) =
2. Suppose that a company produces furniture and, based on available data, have found that their profits can be described by the function p(t) = 1000000(1 it + tz years since January, 1, 2021. If interest rates are currently 2.5% but have varied between 3% and 6% for the last decade, what is a fair selling price today for the company if the buyer expects to own the company for ten years. Note that you will need to choose an interest rate' keeping in mind the stated current and historical interest rates, please explain what you choose it to be for your computations. t3), where t is
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