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Business, 13.09.2019 00:30 marissagirl9893

You’ve recently learned that the company where you work is being sold for $440,000. the company’s income statement indicates current profits of $16,000, which have yet to be paid out as dividends. assuming the company will remain a "going concern" indefinitely and that the interest rate will remain constant at 9 percent, at what constant rate does the owner believe that profits will grow?

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