Question: GIVE EXCEL WORK PLEASE. PLEASE DO WORK IN EXCEL AND SHOW. An ongoing business should be able to produce cash flows as listed below. It's
GIVE EXCEL WORK PLEASE.
PLEASE DO WORK IN EXCEL AND SHOW.
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?
Year 1 $305,000
Year 2 $327,000
Year 3 $348,500
Year 4 $385,000
Year 5 $422,000
Do not round the intermediate calculations. Enter your answer, however, as a dollar number rounded to the nearest whole dollar. No decimals, in other words. Do not enter dollar signs or commas.
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