The following table shows the past profits of Company X that has just come for sale to the public this month: Year Profit (in thousands $) 2018 140 2017 130 2016 110 2015 120 2014 100 9. If the investment is held at perpetuity, the PV is: a) 1,000 b) 500 c) 800 d) 700
The following table shows the past profits of Company X that has just come for sale to the public this month: Year Profit (in thousands $) 2018 140 2017 130 2016 110 2015 120 2014 100 9. If the investment is held at perpetuity, the PV is: a) 1,000 b) 500 c) 800 d) 700
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The following table shows the past profits of Company X that has just come for sale to the public this month:
Year |
Profit (in thousands $) |
|
2018 |
140 |
|
2017 |
130 |
|
2016 |
110 |
|
2015 |
120 |
|
2014 |
100 |
|
9. If the investment is held at perpetuity, the PV is:
a) 1,000
b) 500
c) 800
d) 700
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