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Sarro Shipping, Inc., expects to earn $ 1 . 5 million per year in perpetuity if it undertakes no new investment opportunities. There are 1
Sarro Shipping, Inc., expects to earn $ million per year in perpetuity if it undertakes no new investment opportunities. There are shares of stock outstanding. The firm will have an opportunity at date to spend $ on a new marketing campaign. The new campaign will increase earnings in every subsequent period by $ The firms discount rate is What is the value per share before and after deciding to accept the marketing campaign?
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