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Exercise 3 Company XYZ expected after tax profits are represented in the following table at an expected discount rate of 10%. Calculate the expected value

Exercise 3

Company XYZ expected after tax profits are represented in the following table at an expected discount rate of 10%. Calculate the expected value of the firm XYZ

YEAR EXPECTED PROFITS AFTER TAX IN THOUSANDS OF DOLLARS

2008 150

2009 180

2010 200

2011 230

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