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Question 31 (4 points) An investor is trying to value an interesting opportunity. A struggling restaurant/bar is on sale for $275,000 today. The investor believes

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Question 31 (4 points) An investor is trying to value an interesting opportunity. A struggling restaurant/bar is on sale for $275,000 today. The investor believes that he can use some business school knowledge to turn around the business. His plan is to operate the business for 4 years and then sell the business. After careful analysis, he believes he can generate the following yearly cash flows for the next 4 years: YEAR 2 Cash Flow $5,000 $20,000 $40,000 $70,000 The investor is ambitious and wants a 25% return on his investment. How much will he need to sell the restaurant for in four years to achieve this goal? O $434,960 $466,640 $570,320 O $538,640 $510,371

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