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Your firm's cash flow was $600,000 this year. An appropriate discount rate for your firm is 11 percent. You expect the firm to be able
Your firm's cash flow was $600,000 this year. An appropriate discount rate for your firm is 11 percent. You expect the firm to be able to grow cash flow by 4 percent each year (including 1.50 percent attributable to expected inflation). Since the business is incorporated, you can assume that it will operate indefinitely into the future. What is the value of your firm?
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