You plan to buy a company and you need to compute the fair price for this. You know this will last for 20 years. The dividend this firm will distribute will be a fixed amount of $1,500 from year 3 on. In the first two years, the cash flow will be zero. Compute the maximum price you should pay for this company.

 What is the cash flow you must deposit today if your goal is to have $50,000 in 5 more years, and you receive from the bank a deposit rate of 0.1% per month.