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Please help Mithelle walker wants to open a restaurat in a historic building. The property can be leased for 20 years but not purchased. She
Please help Mithelle walker wants to open a restaurat in a historic building. The property can be leased for 20 years but not purchased. She believes her restaurant can genvate a net cash flow of $80.000 the first year and eapects an annual growth rate of 6 percent thereafte, if adiscourt rate of 14 percent is used to evaluate this business, what is the present value of the cash flows that it will 8enerale? Round factor velues to 5 dedinal plsces es 1.52145 and final enewer to 2 decimal ploces, e.8. 52.75.) Piesentualue
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