You own a wholesale plumbing supply store. The store currently generates revenues of $1.02 million per year. Next​ year, revenues will either decrease by 9.9% or increase by 5.2%​, with equal​ probability, and then stay at that level as long as you operate the store. You own the store outright. Other costs run $870,000 per year. There are no costs to shutting​ down; in that case you can always sell the store for $530,000. What is the business worth today if the cost of capital is fixed at 10.3%? ​Today the business is worth? $ ______ (round to the nearest dollar)

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