17. Using the information below, what is the appropriate discount rate? *

1. 0.32
2. 0.42
3. 0.22
4. 0.52

18. Using the information from Question 17 and the appropriate discount rate from Question 17, calculate Net Present Value. *

1. 3,170,685.52
2. 4,170,685.52
3. 2,170,685.52
4. 1,170,685.52

19. Using the information the information from Question 17, what is reasonable value for Company A based on its future income stream for 2014 to 2018? *

1. 1,770,388.17
2. 2,770,388.17
3. 3,770,388.17
4. 4,770,388.17

Net Income for Company A 2014: 2015: 2016: 2017: 2018: Expected growth for all years after 2018: 90-Day T-Bill Rate: Appropriate % above risk-free rate: $200,000 $300,000 $500,000 $600,000 $700,000 5% 10% 12%