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Category > Business & Finance Posted 10 Jun 2017 My Price 8.00

Moonshine Industries has produced

Moonshine Industries has produced a barrel of moonshine per week for the past 20 years but cannot grow because of certain legal hazards. II earns $25 per share per year and pays it all out to shareholders. The shareholders have alternative, equivalent risk ventures yielding 20 percent per year on average. How much is one share of Moonshine worth? Assume the company can keep going indefinitely

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Status NEW Posted 10 Jun 2017 09:06 AM My Price 8.00

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