Question
Suppose the interest rate is 5 percent the expected growth rate of the firm is 2 percent and the firm is expected to continue forever
Suppose the interest rate is 5 percent the expected growth rate of the firm is 2 percent and the firm is expected to continue forever if current profit are P1,000 what is the value of the firm?
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Accounting
Authors: Carl S Warren, James M Reeve, Jonathan Duchac
24th Edition
0538475005, 9780538475006
