The following valuations relate to a company. Where appropriate they reflect the expectations of the owners

Discounted future cashflows 3.0 million

Net realisable value of individual assets 2.8 million

Cost of setting up the business from scratch 2.6 million

Balance sheet value of assets 2.4 million

What is the minimum value that the owners would accept for all of their share capital?

	A.	3.0m
	B.	2.8m
	C.	2.6m
	D.	2.4m