Answer:
c. $15,000
Explanation:
The explanation for this question is given in the attachment below.
Answer:
venture capital financing,
Explanation:
To obtain venture capital financing, business founders often have to give up some ownership and control of their business.
Answer:
The boat today is worth 100,440 dollars
Explanation:
We need to solve for the present value of the payment Fishermen's Corp will receive for the boat:
We will apply the formula for lump sum to each
cash flow and then add them together
Year Nominal Present Value
1 20000 18, 518
2 40000 34,293
3 60000 47,630
TOTAL 100,441