In a business combination, Apollo Ltd acquires the net assets of Bunny Ltd for a cash consideration of $800,000. Half of this is to be paid on acquisition date and the other half is payable in one year's time. The appropriate discount rate is 8% p.a. The present value of the cash outflow in one year's time is: 1 points a. $432,012 b. $400,000 c. $429,640 Od. $370,360