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URGENT PLEASE HELP!!! Hassle-Free Web is biding to provide web hosting services for Hotel Liabon. Hotel Lisbon pays its current provider $10,000 per year for

URGENT PLEASE HELP!!! image text in transcribed
Hassle-Free Web is biding to provide web hosting services for Hotel Liabon. Hotel Lisbon pays its current provider $10,000 per year for hosting its web page, handling transactions, etc. Hassile-Free figutes that it will need to purchase equipment worth $15,000 up tront and then spend $1,900 per jear on monitoring, updates, and bandwidth to provide the service for 3 years. If Hassle- Free's cost of captal is 10.2%, can it bid less than $10,000 per year to provide the service and still increase its value by doing so? Hassle-froe can bid as low as s (Pound to the nearest dollar.)

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