Question: Quackerbarrel, the new UO themed restaurant, is going to make $4,000 in year 1. Suppose you expect the companys revenues to grow at 6% for
Quackerbarrel, the new UO themed restaurant, is going to make $4,000 in year 1. Suppose you expect the companys revenues to grow at 6% for the next 30 years. What is the value of Quackerbarrels cash flows, assuming an interest rate of 11% annually?
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