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17) Your friend just offered you to be the partner of a firm that you believe can produce cash flows of $10,000, $20,000, $120,000, and
17) Your friend just offered you to be the partner of a firm that you believe can produce cash flows of $10,000, $20,000, $120,000, and $50,000 at the end of each of the next four years, respectively. At the end of the four years, you believe you and your friend will be able to sell 100% firms ownership for $ 300,000. At a discount rate of 12 percent, what is this business worth today?
with baii plus if possible
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