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4. You are considering investing in a start-up company that is not expected to be profitable for 3 years, after which you expect it to

4. You are considering investing in a start-up company that is not expected to be profitable for 3 years, after which you expect it to generate you $100,000 of net profits each year, for fifteen years. What is the most you'd be willing to invest in this company now, if your cost of funds is 8%?
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You are considering investing in a start-up company that is not expected to be profitable for 3 years, after which you expect it to generate you $100,000 of net profits each year, for fifteen years. What is the most you'd be willing to invest in this company now, if your cost of funds is 8%

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