?A business is expected to yield a continuous flow of profit at the rate of $200,000 per year. If money will earn interest at the nominal rate of 2% per year compounded continuously, what is the present value of the business forever?
?
A. ?$10,100,000
B. ?$1,000,000
C. ?$10,000,000
D. ?$10,010,000
E. ?$1,100,000
Answer: C
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