Year $1$

Year $2$

Year $3$

Year $4$

Year $5$

Revenue

$$500\mathrm{.}00$

$$625\mathrm{.}00$

$$750\mathrm{.}00$

$$900\mathrm{.}00$

$$1,035\mathrm{.}00$

Net Income

$$20\mathrm{.}00$

$$68\mathrm{.}00$

$$144\mathrm{.}00$

$$180\mathrm{.}00$

$$212\mathrm{.}40$

Total Cash Flow

$$(10\mathrm{.}00)$

$$15\mathrm{.}50$

$$59\mathrm{.}00$

$$80\mathrm{.}00$

$$98\mathrm{.}90$

$**$Assume in all questions that the company pays $100\%$ of its cash flow back to its investors in the form of a dividend.

Question $1.$ Assuming that the company is liquidated in year $5$ and does not produce net income or cash flows after year $5,$ what is the present value of the firm today $($in Year $0)$ if investors expect a yearly return of $20\%?$