Answered: What is the projected level of revenue…

What is the projected level of revenue in 3 years for a company with current revenues of $48.25 million if estimated growth under continuous compounding is 8.6 percent?

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter3: Organizing And Financing A New Venture

Section: Chapter Questions

Problem 6EP

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What is the projected level of revenue in 3 years for a company with current revenues of $48.25 million if estimated growth under continuous compounding is 8.6 percent?

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