You want to purchase a business with the following cash


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

  1. Year one        $100,000
  2. Year two        $150,000
  3. Year three      $200,000
  4. Year four        $250,000

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

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Business Management: You want to purchase a business with the following cash
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