Question: Suppose a venture's first cash flow is expected in Year 7, and the cash flow is expected to be 6,921,625. A comparable firm has earnings

Suppose a venture's first cash flow is expected in Year 7, and the cash flow is expected to be 6,921,625. A comparable firm has earnings of 41,052,086 and a market cap of 315,832,311. Assuming a discount rate of 33%, find the present value (at Year 0) of the firm in dollars.

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