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The new CEO of a high-tech incubator company wants to entice venture capitalists by promising a growth rate of 44% per year for at least
The new CEO of a high-tech incubator company wants to entice venture capitalists by promising a growth rate of 44% per year for at least 3 years. Therefore, the company's MARR was set at that value. If this ROR was actually realized, but the CEO did not account for the observed 9.1% per year inflation rate, what was the real growth rate? The real growth rate was per year
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Financial Institutions Management
Authors: Anthony Saunders
1st Edition
0256110565, 9780256110562
