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2. You are thinking of buying a financial asset. The asset has the following cash flows: At the end of the first year, you will

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2. You are thinking of buying a financial asset. The asset has the following cash flows: At the end of the first year, you will receive $100. After that you will receive cash flows at the end of each year from year 2 to year 5 in the following way: at the end of year 2, you will receive $200, and then the cash flows will grow at a rate of 5% up to year 5. -You will not receive anything from year 6 to year 10 Starting from the end of year 11, you will start to receive cash flows again. The cash flow will be $100 per year forever. You will have to pay a "service fee". The fee will have to be paid in the following manner: you will pay the service fee at the end of each year. The first payment of $10 will occur at the end ofthe first year, and after that the payment will grow at a rate of 1% forever. The prevailing discount rate throughout is 10%, what should be the fair market price of this asset? Please show formulas and figures, not excel

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