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An investor is considering the following opportunity: He will put capital into a start-up company today. He will not receive any cash flows from the

image text in transcribed An investor is considering the following opportunity: He will put capital into a start-up company today. He will not receive any cash flows from the investment until end of the 5th year. At that point, he will receive 12.00 years of $10,400.00 per year. If his discount rate on this investment is 18.00%, what is the value of this opportunity today? Answer Format: Currency: Round to: 2 decimal places. An investor is considering the following opportunity: He will put capital into a start-up company today. He will not receive any cash flows from the investment until end of the 5th year. At that point, he will receive 12.00 years of $10,400.00 per year. If his discount rate on this investment is 18.00%, what is the value of this opportunity today? Answer Format: Currency: Round to: 2 decimal places

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