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please i need this You belleve you have discovered a new medical device. You anticipate it will take additional time to get the device fully
please i need this
You belleve you have discovered a new medical device. You anticipate it will take additional time to get the device fully operational, run clinical trials, obtain FDA approval, and sell to a buyer for $580.000. Assume a discount rate of 4% compounded annually. What is the value today of discovering the medical device, assuming you sell it for $580,000 in (a) two years, (b) three years, or (c) four years? (FV of \$1. PV of \$1. EVA of \$1, and PVA of \$1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) Step by Step Solution
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