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Consider the table given below to answer the following question. Assuming that competition drives down profitability (on existing assets as well as new investment) to

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Consider the table given below to answer the following question. Assuming that competition drives down profitability (on existing assets as well as new investment) to 11.5% in year 6,11% in year 7 . 10.5% in year 8 , and 8% in year 9 and all later years. What is the value of the concatenator business? Assume 10% cost of capital. Note: Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places

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