Sally's Florist has been in business for 10 years. It is a small, stable business, that has been growing only about 2% per year. It is likely that the future will continue like the past, with a similar growth. You have done some research, and have determined that the appropriate discount rate is 30%. All of the necessary adjustments have already been made to the financial statements. Using the capitalization of earnings method, what is the value of this firm. You are interested in purchasing 40% of Sally's Florist. She is willing to sell you the 40%, but without a lot of contractual protections. What is the fair market value of the 40% interest? - Choose the closest answer that answers both parts of this question Sally's Florist Revenues $200,000 Expenses $150,000 Profit $50,000 Group of answer choices

$221,739; $70,956

$190,740; $61,037

$234,090; $74,909

$182,142; $58,285