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can you answer please 18)A firm will maximize the present value of future profits by maximizing current profits when the: growth rate in profits is
can you answer please
18)A firm will maximize the present value of future profits by maximizing current profits when the:
growth rate in profits is constant.
growth rate in profits is larger than the interest rate.
interest rate is larger than the growth rate in profits and both are constant.
growth rate and interest rate are constant and equal.
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