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311. Over the next three years. a firm is expected to earn economic profits of Rs 120,000 in the first year, Rs 140,000 in the

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311. Over the next three years. a firm is expected to earn economic profits of Rs 120,000 in the first year, Rs 140,000 in the second year, and Rs 100,000 in the third year. After the end of the third year. the firm will go out of business. a. if the risk-adjusted discount rate is 10 percent for each of the next three years, what is the value of the firm (in Rs) '? At what price firm could be sold today? b. If the risk-adjusted discount rate is 8 percent for each of the next three years. What is the value of the firm (in Rs). At what price firm could be sold today

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