Your company is expected to earn (as a cash flow) $3 million next year, $3.06 million the following year, $31212 the year after that, and it will continue to grow by 2% per year indefinitely. Using a...


Your company is expected to earn (as a cash flow) $3 million next year, $3.06 million the following year, $31212 the year<br>after that, and it will continue to grow by 2% per year indefinitely. Using a discount rate of 8%, what is the value of the<br>сompany?<br>(Do not round intermediate calculations. Report your result in millions of dollars. Round the final answers to 2 decimal<br>places. Omit $ sign and the word

Extracted text: Your company is expected to earn (as a cash flow) $3 million next year, $3.06 million the following year, $31212 the year after that, and it will continue to grow by 2% per year indefinitely. Using a discount rate of 8%, what is the value of the сompany? (Do not round intermediate calculations. Report your result in millions of dollars. Round the final answers to 2 decimal places. Omit $ sign and the word "million" in your response. For example, if your answer is $1,234,567 just write 1.23)

Jun 05, 2022
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