Question: Niloy has a small restaurant that just netted $ 1 3 2 6 7 6 profits for the completed year. Niloy is implementing a new

Niloy has a small restaurant that just netted $132676 profits for the completed year. Niloy is implementing a new product line which he feels 74% of the time will result in the company growing at 1.2% per year forever the remainder of the time may cause the business to shrink 1.2% per year forever. The cost of his loan, which you may assume is fairly priced, is 9.3% EAR. Assuming that Niloy's utility function is natural logarithmic (In), what would be the price that we would be willing to sell the restaurant for today?
[Please give your answer in dollars, so the entry 2034.56 will be interpreted as $2,034.56
[Hint find the EUT and then invert as you would for a CEQ]
 Niloy has a small restaurant that just netted $132676 profits for

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