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    Business
  3. Study Set
    Managerial Economics in a Global Economy
  4. Exam
    Exam 1: The Nature and Scope of Managerial Economics
  5. Question
    A Car Dealership Business Is Expected to Earn $100,000 Per
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A Car Dealership Business Is Expected to Earn $100,000 Per

Question 58

Question 58

Essay

A car dealership business is expected to earn $100,000 per year forever. If the annual discount rate is 10 percent, what is the present value of the car dealership?

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