QUESTION
4-29. You are running a hot Internet company. Analysts predict that its earnings will grow at 30% per year for the next
Category: Business
Subject: Finance
Due Date: 04/27/2018
Question Asked: 2018-04-18 04:45:17
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User: best_tutor
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Questions: 10
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4-29. You are running a hot Internet company. Analysts predict that its earnings will grow at 30% per year for the next five years. After that, as competition increases, earnings growth is expected to slow to 2% per year and continue at that level forever. Your company has just announced earnings of $1,000,000. What is the present value of all future earnings if the interest rate is 8%? (Assume all cash flows occur at the end of the year.)
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4-29. You are running a hot Internet company. Analysts predict that its earnings will grow at 30% per year for the next
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Posted on 2018-04-18 04:45:17
Posted by:
User: best_tutor
Rating: No Rating (0)
earnings: $0.00
Questions: 10
Tutorials: 8
Send me a message
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4-29 with answer Your Hot Internet Company.docx (Preview)