This week, please read the continuing case at the end of Chapters 5 and 6 in your textbook. After studying the Chapter 6 case, respond to the following: What is PCI, Inc.’s current level of cash flow? Assuming that the level of cash flow is fixed at an 8% rate of discount, what is PCI really worth on a discounted cash flow basis? What is PCI worth on a book value basis? Assuming the 8% discount rate and assuming fixed cash flows, what does MCS expect to be able to realize as a net annual cash flow beginning next year?                                                                Case See Attachments

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