An ongoing business should be able to produce cash flows as listed below. It's offered for sale at a price of $1.5 million, and most interested buyers understand the current owner will unlikely accept anything less. If an appropriate opportunity cost of money is 9.0%, what is the value of this business for anyone who buys today from the owner?

Answer rating: 100% (QA)

To determine the value of the business using the discounted cash flow DCF method you need to calcula... View the full answer