Question
A business brings in a profit of $200,000 a year (in year 1). You expect the payoff to increase every year by a factor of
A business brings in a profit of $200,000 a year (in year 1). You expect the payoff to increase every year by a factor of 3% and discount the future cash flow at 8%.
How much are you willing to offer if you were to acquire the business today (year 0)?
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TExES Business And Finance Secrets Study Guide
Authors: TExES Exam Secrets Test Prep Team
1st Edition
1516706862, 978-1516706860
