A major corporation plans to sell one of its divisions that currently posts a profit of $100 million


Question: A major corporation plans to sell one of its divisions that currently posts a profit of $100 million per year. Assume that the annual profit increases by 8% per year, is received in a continuous stream, and can be reinvested at an annual return of 12% compounded continuously. What does the corporation consider as the 10-year present value of this division?

Price: $2.99
Solution: The solution consists of 1 page
Deliverable: Word Document

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