Instructions If money is worth 2%2% per quarter, compounded quarterly, which option would you recommend that Brent exercise? P6.6 (L05) (Purchase Price of a Business) During the past year, Stacy McGill planted a new vineyard on 150 acres of land that she leases for 30,000 a year. She has asked you as her accountant to assist her in determining the value of her vineyard operation The vineyard will bear no grapes for the first 5 years (1-5). In the next 5 years (6-10). Stacy estimates that the vines will bear grapes that can be sold for 60.000 each year. For the next 20 years (11-30) she expects the harvest will provide annual revenues of 110,000. But during the last 10 years (31-40) of the vineyard's life, she estimates that revenues will decline to 80,000 per year During the first 5 years the annual cost of pruning, fertilizing, and caring for the vineyard is estimated at 9,000; during the years of production, 640, these costs will rise to 12,000 per year. The relevant market rate of interest for the entire period is 12%. Assume that all receipts and payments are made at the end of each year