Assume the interest rate is 5 per year and a business
Assume the interest rate is 5% per year and a business expects to earn 50,000 dollars in profits at the end of each year forever. What is the value of the business?
A. 1,500,000 dollars
B. 1,000,000 dollars
C. 500,000 dollars
D. 250,000 dollars
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responses should be a minimum of 200 words and include direct questionsnbspglobal alliance challengesnbspglobal
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assume the interest rate is 5 per year and a business expects to earn 50000 dollars in profits at the end of each year
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