Mini Case You have fast gradaated with a basiness degee from a large ualveralfy, and one of your favourite courses was "Today's Entrepreneurs." In fact, you en/oyed it so much you have declded you want to "be your own bods." Whille you were studying your grandthather died and left you $1 million to do with as you please. You are not an inventor, and you do not have a trade skinl that you can market; boweves, you have dedded that you woald like to puschase at least one establinhed franchlse in the fast-food area, marybe two (if proflable), The problem is that you have never been one to stary with any project fot too lone so you fgare that your time frame is 3 years. Aftes 3 years you wrll go on to nomething else. You have narrowed your selection down to two cholces: (1) Franchlse L,tWas Soups, Salads, fistulf, and (2) Franchise S, Sam's Fabalous Fried Chicken. The net cash flows shown below include the price you would recelve for reling the franchise in Year 3 and the forecast of how each franchise will do over the 3-year period. Franchise L's cash flows will start off slowly but will increase rather quickly as people become more health consclous, whille Franchlse 5 s cash flows will start off high but will trail off as other chicken competitors enter the marketplace and as people become mose health consdous and avoid thied foods. Franchle L merves breakfant and lunch, whille Franchlpe $ perves only dinner, so It is possible for you to invest in both franchises. You see these franchises as perfect complements to each other: You could attract boeh the lunch and dinner crowds and the health-conscloas and not so health-consioas crowds without the franchises directly competing against each other