A business is expected to generate the following cash flows over the next five years after which it will be dissolved. How much is the business worth today if the interest rate is 8%?
A)$77,615
B)$68,304
C)$75,333
D)$100,025

Question

A business is expected to generate the following cash flows over the next five years after which it will be dissolved. How much is the business worth today if the interest rate is 8%? 
A)$77,615 
B)$68,304 
C)$75,333 
D)$100,025

Quizplus · Accepted Answer

The Answer of A business is expected to generate the following cash flows over the next five years after which it will be dissolved. How much is the business worth today if the interest rate is 8%? 
A)$77,615 
B)$68,304 
C)$75,333 
D)$100,025

A Business Is Expected to Generate the Following Cash Flows