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Valuing an Offer Dempster Enterprises received an offer to purchase one of its patents. It was offered CAD 25,000 at the end of each year

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Valuing an Offer Dempster Enterprises received an offer to purchase one of its patents. It was offered CAD 25,000 at the end of each year for years 1 through 5 and then CAD 45,000 at the end of year 6. The discount rate is 6.5%, compounded yearly. The present value of this offer is closest to: Select one: a. CAD 121,025. O b. CAD 134,732. c. CAD 136,737

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