If you own 10% of the shares of a corporation's stock, and the corporation is expected to earn $9 million a year in after-tax profits forever, and the interest rate is 0.05, what is the value of your shares?

a. $18 million
b. $900,000
c. $9 million
d. $6 million
e. $180 million

Economics

How does an increase in interest rates affect net exports?

What will be an ideal response?

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Economics

Refer to Figure 9.1. If the government establishes a price ceiling of $20, the resulting deadweight loss will be

A) $0. B) $20. C) $30. D) $300. E) $600.

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Economics