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Niloy has a small restaurant that just netted $ 1 0 3 8 9 3 profits for the completed year. Niloy is implementing a new

Niloy has a small restaurant that just netted $103893 profits for the completed year. Niloy is implementing a new product line which he feels 79% of the time will result in the company growing at 1.7% per year forever the remainder of the time may cause the business to shrink 0.9% per year forever. The cost of his loan, which you may assume is fairly priced, is 11.8% EAR. Assuming that Niloy's utility function is natural logarithmic (ln), what would be the price that we would be willing to sell the restaurant for today? [Please give your answer in dollars, so the entry 2034.56 will be interpreted as $2,034.56][Hint find the EUT and then invert as you would for a CEQ]

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