Compute the value of the firm

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Reference no: EM13117565

The owner of a firm expects to make a profit of $10,000 for each of the next five years and he would be able to sell the firm at the end of fifth year for $50,000 The owner of the firm believes that the discount rate for the firm is 15 percent. Calculate the value of the firm.

Reference no: EM13117565

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