Marko, Inc. is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $5,300, $10,300, and $16,500 over the next three years, respectively. After that time, they feel the business will be worthless. Marko has determined that a rate of return of 15 percent is applicable to this potential purchase. What is Marko willing to pay today to buy ABC Co.?

a.$35,791.50

b. $32,100.00

c. $21,010.99

d. $24,910.35

e. $23,245.99