zu. Intation and Company Value Sparkling Water, Inc., expects to sell 3.4 million bottles of drinking water each year in perpetuity. This year each bottle will sell for $1.43 in real terms and will cost $.85 in real terms. Sales income and costs occur at year-end. Rev. enues will rise at a real rate of 1.3 percent annually, while real costs will rise at a real rate of 9 percent annually. The real discount rate is 6 percent. The corporate tax rate is 21 percent. What is the company worth today