Time value of money-purchase business with cash flows

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Reference no: EM13944903

Time Value of Money/ Show your work (you can attach your excel worksheets)

You want to purchase a business with the following cash flows:

Year one          $100,000

Year two         $150,000

Year three        $200,000

Year four         $250,000

How much would you pay for this business today assuming you need a 14% return to make this deal?

Reference no: EM13944903

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