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You are running a Data Analysis Company. You predict that the earnings will grow at 2% per year forever. Your company has just announced earnings
You are running a Data Analysis Company. You predict that the earnings will grow at 2% per year forever. Your company has just announced earnings of $6.5 million. What is the present value of all future earnings if the interest rate is 9% per year? (Assume all cash flows occur at the end of the year)
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