Question: I need typed answer with explanation Don't use AI BOT. Explain step by step i will thumb up. Question 3 (1.5 points) Company S holds

I need typed answer with explanation Don't use AI BOT. Explain step by step i will thumb up.

I need typed answer with explanation Don't use AI
Question 3 (1.5 points) Company S holds an investment in the stock of Company P. Company P's stock is not traded on a stock exchange, but rather, is a privately held by a small group of individuals. Company S does not own more than 20% of Company P and it does not have substantial influence over Company P. Company S paid $200,000 for the stock. It expects to see a future cash flow in the form of a liquidating distribution at the end of five years from today, in the amount of $210,000. The appropriate discount rate is 10%. What is the value of the investment asset - Company P

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