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Deals totaal bubswobre tot plein dolored and 2. (15 pts) You and your partners have the opportunity to purchase a business. The business has total

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Deals totaal bubswobre tot plein dolored and 2. (15 pts) You and your partners have the opportunity to purchase a business. The business has total assets of $5,000,000 on its balance sheet. It has averaged a net cash flow $950.000/year - you think it will continue to earn this amount each year. Your investment group wants to purchase this business and hold it for 10 years - as a group you want to earn an annual return of 12% APY; i =.012 X Use TVM concepts to determine the value of this business to you and your partners. 950,000

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