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june 2012 Q1 business valuation

Bbiya1412y ago
in nente co, while calculating growth rate (1230/970)^1/3 -1=8.23% then why this growth rate is multiplied with 1/4 ?
John MoffatJohn MoffatTutor12y ago#1
The question says that the growth rate will reduce to 25% (I.e. 1/4) of the original rate.
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