HBB Company for the last ten years, has earned and had cash flows of about Php 500,000 every year. As per the predictions of the company's earnings, the same cash flow would continue for the foreseeable future. The expenses for the business every year is about Php 100,000 only. Based on the available public information a Php 4 million Treasury bond has a prevailing return of Php 400,000 annually. Using Capitalization of Earnings approach, what is the value of HBB Company? 50-100 = 40 a. Php 4,000,000.00 b. Php 3,000,000.00 c. Php 2,000,000.00 d. Php 1,000,000.00 had anh flow 2. HCB Company for the last ten years, has earned and had cash flows of about P600,000 every year. As per the predictions of the company's earnings, the same cash flow would continue for the foreseeable future. The expenses for the business every year is about P500,000 only. Based on the available public information a Php 4 million Treasury bond has a prevailing return of Php 40,000 quarterly Using Capitalization of Earnings approach, what is the value of HCB Company? a. Php 3,000,000.00 b. Php 2,500,000.00 c. Php 3,500,000.00 d. Php 1,000,000.00 hoc usod ranitalization of