1. You are considering an investment in software company. The beta of software companies is 1.5. The annual risk-free rate is 2% and the annual market premium is 8%. The expected annual profit from the software subscription is $100,000 and it is expected to grow at the rate of 6% per year. What is the maximum price you are willing to pay for the company?

   	A.	$1,250,000.00
   	B.	$1,123,221.12
   	C.	$1,370,925.78
   	D.	$908,153.55