Question: Suppose a venture's first cash flow is expected in Year 6, and the cash flow is expected to be 7,340,449. A comparable firm has earnings

Suppose a venture's first cash flow is expected in Year 6, and the cash flow is expected to be 7,340,449. A comparable firm has earnings of 35,920,091 and a market cap of 608,721,689. Assuming a discount rate of 19%, find the present value (at Year O) of the firm in dollars
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