Question 5 Allyn Mustafina Corp. is evaluating whether it should take over the lease of an ethnic…

Question 5 Allyn Mustafina Corp. is evaluating whether it should take over the lease of an ethnic restaurant in Manhattan. The current owner had originally signed a 25 year least, of which 20 years at remain. The restaurant has been growing steadily at a 10 percent growth for the last several years: Alya Mustafina Corp expects the restaurant to continue to grow at the same rate for the remaining lease term Last year, the restaurant brought in not cash lows of $500,000 If the firm evaluates similar investments at 12 percent, what is the present value of this investment? $4,478.426.64 $5,896,485.32 $6.976,984.28 $8.321,000.69