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If you were considering purchasing a Bahama Bucks franchise and have inspected the current owner's financial statements for the past 5 years (dollars in thousands).
If you were considering purchasing a Bahama Bucks franchise and have inspected the current owner's financial statements for the past 5 years (dollars in thousands).
If your required rate of return based on your cost of capital is 9.25%, what would be the value of this franchise to you based on the last five years of income.
Year 1 $1,825 Year 2 $2,050 Year 3 $1,900 Year 4 $2,100 Year 5 $2,700
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