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Dell, Inc., is considering the purchase of HP Dell believes that HP can generate the following cash flows: $5,400, $10400, and $16.600 over the next

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Dell, Inc., is considering the purchase of HP Dell believes that HP can generate the following cash flows: $5,400, $10400, and $16.600 over the next three years, respectively. No cash flows after that. Del has determined that a rate of return of 12 percent is reasonable to this purchase. What should Dell be willing to pay today to buy HP? Multiple Choice $32 40000 $23136 80 $26,373 66 $24,92780 $9515400

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