Question: 19. A factory is expected to generate $3,000,000 per year every year for the next twelve years. An interested investor uses a required rate (discount

19. A factory is expected to generate $3,000,000 per year every year for the next twelve years. An interested investor uses a required rate (discount rate) of 11.25%. What is the intrinsic value of the factory to this investor.

a. 19,247,271.61

b. 19,133,220.55

c. 18,976,457.88

d. 18,865,311.09

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