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3. Willie's Wet Wash, Inc. in Baton Rouge Louisiana, is considering acquiring Bubba's Bus Bath, Inc., a chain of large vehicle washes in Arkansas. The

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3. Willie's Wet Wash, Inc. in Baton Rouge Louisiana, is considering acquiring Bubba's Bus Bath, Inc., a chain of large vehicle washes in Arkansas. The expected net cash flows from the proposed acquisition for years 1 through 3 are as follows: year 1=$475K; year 2=$575K; year 3=$710K. After the third year the net cash flows are expected to grow at ta constant rate of 4.5% per year. If Willie's Wet Wash uses a discount rate of 14%, what is the most that Willie's should pay for Bubba's Bus Bath

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