Over the next three years, a firm is expected to earn economic profit of $200,000 in the first year, $300,000 in the second year, and $250,000 in the third year.After the end of the third year, the firm goes out of business. If the risk-adjusted discount rate is 9 percent for each of the next three years,

The firm can be sold today for a price of $______________.

Answer 1

Choose...

$252,503.00

$183,486.00

$629,036.00

$193,045.87

$729,045.00

the value of the firm is $______________.

Answer 2

Choose...

$252,503.00

$183,486.00

$629,036.00

$193,045.87

$729,045.00

Please answer all parts of the question.