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ABC is considering buying another business X. ABC management believes the company X can generate cash flows of $218,000, $224,000, and $238,000 over the next

ABC is considering buying another business X. ABC management believes the company X can generate cash flows of $218,000, $224,000, and $238,000 over the next three years, respectively. After that time, they feel the business will be worthless. If the desired rate of return is 14.5 percent, what is the price ABC should pay today to buy business X? $519,799.59 $545,920.61 $538,615.08 $538.407.71

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