Question: 8. Estimate a venture's terminal value based on the following information: current year's net sales = $400,000; next year's expected cash flow = $16,000; constant
8. Estimate a venture's terminal value based on the following information: current year's net sales = $400,000; next year's expected cash flow = $16,000; constant future growth rate = 10%; and venture investors' required rate of return = 10%.
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