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You want to start a business that you believe can produce cash flows of $ 1 5 , 0 0 0 , $ 4 0

You want to start a business that you believe can produce cash flows of $15,000, $40,000, and $110,000 at the end of each of the next three years, respectively. At the end of three years, you think you can sell the business for $200,000. At a discount rate of 7 percent, what is this business worth today? answers: $258,813 $302,008 $325,842 $305,923 $298,900

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