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Intro A firm has a price-earnings ratio of 37 and expected annual earnings of $38,000. Suppose that earnings are representative of cash flows. The relevant
Intro A firm has a price-earnings ratio of 37 and expected annual earnings of $38,000. Suppose that earnings are representative of cash flows. The relevant interest rate is 8%. Attempt 1/10 for 10 pts. Part 1 What is the market value of the firm? + decimals Submit Show all parts
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