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2. Boni's Bonnets is entering the growth phase of its development and is expected to grow 25% per year for the next three years. They

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2. Boni's Bonnets is entering the growth phase of its development and is expected to grow 25% per year for the next three years. They expect to be valued at 1x sales, meaning that the valuation of the company will be equal to its sales level. If the company's sales over the past twelve months (TTM) were $500,000 what will its sales (and value) be in three years? a. b. At a discount rate of 30% and based on the future value you calculated in (a) what is the value of the company currently (present value)

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