FIII In the Blank Question\ (1)\ If the interest rate is

8%

, the expected growth rate of a firm for the foreseeable future is

6%

, and the firm's current profits are

$60

million, then the value of the firm on the ex-dividend date is

$

million. (Enter a number in the blank.)

If the interest rate is 8%, the expected growth rate of a firm for the foreseeable future is 6%, and the firm's current profits are $60 million, then the value of the firm on the ex-dividend date is $ million. (Enter a number in the blank.) Need help? Review these concept resources