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Your lemonade stand located close to the university is expected to generate $ 2 5 , 0 0 0 in 2 0 2 4 ,

Your lemonade stand located close to the university is expected to generate $25,000 in 2024, and cash flows are expected to grow by 7% each subsequent year for the next five years. After five years, you plan to seize operations and move to another city.
Assuming a discount rate of 10%, what is the intrinsic value of your lemonade stand?
$107,604.77
$125,000
$94,769.67
891,666.67
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