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A businessman is contemplating purchasing a company for R 9 5 0 0 0 0 . The company is expected to operate for 3 years,

A businessman is contemplating purchasing a company for R 950000. The company is expected to operate for 3
years, and the following profits are expected:
YEAR PROFIT (R) DISCOUNT FACTOR PRESENT VALUE (R)
14500000.909409050
2740000 J 611240
38900000.751668390
S D
A company of this type is expected to return a yearly profit of 10%.
QUESTION 24(4 Marks)
The missing values J and D, respectively, are:
A.0.826 and 1688680
B.0.859 and 1688680
C.0.826 and 1563290
D.0.793 and 1688680

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