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Year 1 Year 2 Bay Properties is considering starting a commercial real estate division. It has prepared the following four-year forecast of free cash flows

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Year 1 Year 2 Bay Properties is considering starting a commercial real estate division. It has prepared the following four-year forecast of free cash flows for this division Year 3 Year 4 Free cash flow $164.000 $13,000 $86,000 $211,000 What is the continuation value in year 4 for cash flows after year a Tho continuation value is W (Round to the nearest dotat) What is the value today of this division 5 Enter your answer in each of the answer boxes Year 1 Tears Tear 4 Tear 2 513,000 Free casi tow $164.000 $86,000 $211.000 Assume cash flows after you will grow at 4% per year forever if the cost of capital for this division is 17%, what is the continuation value in year 4 for cash flows after year 4? What is the value today of this division? The continuation value is $ (Round to the nearest dollar What is the value today of this son? The value today is 5. Round to the nearest dolar) Enter your answer in each of the answer boxes

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