Track software paid $5000 in dividends in 2012. Suppose an investor approached Stanley about buying 100% of his firm.

Track software paid $5000 in dividends in 2012. Suppose an investor approached Stanley about buying 100% of his firm. If this investor believed that by owning the company that he could extract $5,000 per year in cash from the company in perpetuity, what do you think the investor would be willing to pay for the firm if the required ROI is 10%?