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Helga is considering the purchase of a small restaurant. The purchase price listed by the seller is 5890,000 . Helga has used past financial information

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Helga is considering the purchase of a small restaurant. The purchase price listed by the seller is 5890,000 . Helga has used past financial information to estimate that the net cash flows (cash infliows less cash outfows) generated by the restaurant would be as follows: If purchased, the restaurant would be held for to years and then sold for an estimated $790.000. Required: Determine the present value, assuming that Helga desires an 11% rate of return on this investment (Assume that all cash flows occur at the end of the year) Note: Do not round intermediate calculations. Round your final answers to nearest whole dollar amount. Use tables, Excet, or a financial calculator. (BV of \$1. EV of 51. EVA or \$1, PVA of \$1, EVAD of S1 and PVAD or \$51)

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