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Niloy has a small restaurant that just netted $ 1 0 3 8 9 3 profits for the completed year. Niloy is implementing a new
Niloy has a small restaurant that just netted $ profits for the completed year. Niloy is implementing a new product line which he feels of the time will result in the company growing at per year forever the remainder of the time may cause the business to shrink per year forever. The cost of his loan, which you may assume is fairly priced, is EAR. Assuming that Niloy's utility function is natural logarithmic ln what would be the price that we would be willing to sell the restaurant for today? Please give your answer in dollars, so the entry will be interpreted as $Hint find the EUT and then invert as you would for a CEQ
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