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need help with the below A petition for the reorganization of the Boniface Company has been led under the Insolvency Act. The trustees estimate the

need help with the below

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A petition for the reorganization of the Boniface Company has been led under the Insolvency Act. The trustees estimate the rrn's liquidation value, after considering costs. is $102 million. Alternatively, the trustees. using the analysis of the Zulu Consulting firm. predict that the reorganized business will generate $18 million annual cash flows in perpetuity. The discount rate is 14%. Calculate the present value if the company is alive. {Enter the answer in millions. Round the final answer to 2 decimal places. Omit 3 sign in your response.) PV 1; 26,571,4285? o Should Boniface be liquidated or reorganized? Boniface should be liquidated. Boniface should be reorganized. o

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