Question: 7. Estimate a venture's terminal value based on the following information: current year's net sales = $700,000; next year's expected cash flow = $26,000; constant
7. Estimate a venture's terminal value based on the following information: current year's net sales = $700,000; next year's expected cash flow = $26,000; constant future growth rate = 10%; and venture investors' required rate of return = 20%.
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