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A firm just had a profit of $450,000. It is expected that this profit will grow at 2.4% each year for the foreseeable future. If

A firm just had a profit of $450,000. It is expected that this profit will grow at 2.4% each year for the\ foreseeable future.\ If investors require an 11% return, what is the value of this firms continuing operations?\ If the firm has $1,750,000 in book equity, what is the total value of this firm?\ If this firm has 2,000,000 shares of stock outstanding, what is the value of each share of stock?

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