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Calculate in math the present value for offer 1 and 2 . Show normal work please I can't read the others Offer I. The buyer

Calculate in math the present value for offer 1 and 2. Show normal work please I can't read the others
Offer I. The buyer in this case was Smythe Manufacturing. They offered Dr. Miller $2
million now plus $100,000 each year beginning at the end of year six and continuing
through the end of year fifteen. You are Dr. Millers financial advisor and you feel that given the associated risks to this payment stream, a 10% interest (discount) rate should be used to determine the present value of the offer.
Offer II. The buyer in this case was Brouwer Pharmaceutical. They offered 40 percent
of their gross profit on the product for the next four years, with payments beginning at the end of the first year. Brouwers gross profit margin was 60%. Sales in year one were
projected to be $3 million and are forecasted to grow by 30 percent each year thereafter.
You are Dr. Millers financial advisor and you feel that given the associated risks to this payment stream, an 8% interest (discount) rate should be used to determine the present value of the offer.

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