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The net cash flows of Smokey Saddles for the next three years are $42,000, $49,000, and $64,000, respectively, after which the growth rate will be

The net cash flows of Smokey Saddles for the next three years are $42,000, $49,000, and $64,000, respectively, after which the growth rate will be a constant 2 percent with an RWACC of 8 percent. What is the present value of the terminal value?

A) $910,444

B) $828,406

C) $881,822

D) $959,259

E) $863,689

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