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3. Hinds CC purchased Holmes CC selling it 7 years satelite office for $10 million (at MARA+ 15%) in hopes of of 6lons from now.

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3. Hinds CC purchased Holmes CC selling it 7 years satelite office for $10 million (at MARA+ 15%) in hopes of of 6lons from now. Hinds cC estimate a net cash h of 6 million per a net cash flow loss, with an arithmetie gradient vear starting in year 4, if the estimated net loss is 6 million annualhy star 1, what should be Hinds CC minimum selling price in 7 years? (3opts). the end of year Because of Terra Dorsey's brilliant engineering mind ten years ago, her company, Dorsey's engineering, offered to buy Justin Obasi's firm for 500 million. Dorsey offered 280 million down and the remaining balance at the end of year 1. Dorsey's salary payments to employees would be 2.5 million annually starting year 1 and continue throughout the ownership. Today, Dorsey would only be able to sell Justin Obasi's firm for a profit of 89 million. To at least break even what amount must Dorsey's engineering recover from this sale, and also the annual worth, they had made the deal at a MARR of 12%? (10pts) 4

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