Assume that 75% of net cash flow is free, so that we can use it for valuation of the company. Also, assume that the initial cash was $75,000, and the terminal value of the company in 2017 is $2M (Use the discounted cash flow (DCF) method to calculate the valuation of the company in 2017 where: 

(a) the discount rate is 15%; 

(b) the discount rate is 25%; and 

(c) the discount rate is 35%. 

Plot these three valuation measure on a single bar chart, and comment on the difference between them.