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    Managerial Economics
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    Exam 1: The Fundamentals of Managerial Economics
  5. Question
    Suppose the Growth Rate of the Firm's Profit Is 7
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Suppose the Growth Rate of the Firm's Profit Is 7

Question 103

Question 103

Multiple Choice

Suppose the growth rate of the firm's profit is 7%, the interest rate is 10%, and the current profits of the firm are 120 million dollars.What is the value of the firm?


A) $44 million.
B) $4,280 million.
C) $4,400 million.
D) $6,800 million.

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