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Zoppa inc. is considering acquiring the Jones Ca. They afe trying to estimate the value of the target firm. Rocenty, the Jones Co. reported cash

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Zoppa inc. is considering acquiring the Jones Ca. They afe trying to estimate the value of the target firm. Rocenty, the Jones Co. reported cash fows reasonabile discount rate for these cash flows. The expect the merger to generate $3,500,000 per year into the future. Based on these assumptions, what is o reasonable price to pay for the Jones Co,? (Present your onswer in dollars with no decimal places, eg. 2940817 ) Nimenc Hesponse

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