Business will be worthless

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Marko, Inc. is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $9,953, $6,030, and $13,798 over the next three years, respectively. After that time, they feel the business will be worthless. Marko has determined that a 8.11 percent rate of return is applicable to this potential purchase. What is Marko willing to pay today to buy ABC Co.?

Reference no: EM131014092

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