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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

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

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
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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