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Southern Tours is considering acquiring Holiday Vacations Management believes Holiday Vacations can generate cash flows of 521.000 224000 and $238.000 over the next three years,

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Southern Tours is considering acquiring Holiday Vacations Management believes Holiday Vacations can generate cash flows of 521.000 224000 and $238.000 over the next three years, respectively. After that time, they feel the business will be worthless. If the desired rate of return is 145 percent what is the maximum Southern Tours should pay today to acquire Holiday Vacations? Multiple Choice $519,799,59 $595,170.53 $545,920.61 $538,40771 $538,615.08

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