You are interested in acquiring a building what is the, Financial Management

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You are interested in acquiring a building what is the

Without the use of excel, may i get a stepwise approach?

You are interested in acquiring a building. The expected profit for the next 3 years is $2 million per annum. Thereafter, you are expecting the profit to grow at 4 percent. Assuming an interest rate of 10%, what is the maximum price you would pay for this building?

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