Suppose that Fred's Bed Company was started in 1999 and 100 percent of the $500,000 needed to start up the company was raised by selling shares of stock. In 2000, the company distributed its entire profit of $35,000 to shareholders. If the market interest rate is 8 percent, what is the level of economic profit earned by the firm's stockholders?

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The Answer of Suppose that Fred's Bed Company was started in 1999 and 100 percent of the $500,000 needed to start up the company was raised by selling shares of stock. In 2000, the company distributed its entire profit of $35,000 to shareholders. If the market interest rate is 8 percent, what is the level of economic profit earned by the firm's stockholders?

Suppose That Fred's Bed Company Was Started in 1999 and 100