You have grown a small Toffee manufacturing business into an internet sensation. You now want to rest on your laurels, so you would like to sell your business. You have discussed selling the business through a business broker. The business broker believes that you could sell the business for $5,000,000 in an all-cash transaction, immediately.However, your marketing manager, who had a significant hand in growing the business, would like to buy the business and you would like to sell it to her. She does not have access to enough cash to purchase the business outright. Therefore, she makes the following offer:She will pay you $500,000 immediately upon closing the purchase of the business, then make monthly payments of $65,000, beginning one month after acquiring the business. She will make these payments monthly for 8 years. Your evaluation of the her credit rating leads you to believe that an 8% per annum interest rate is acceptable.Based on the cashflows, what would you conclude the value of her offer to be today? Should you accept her offer?