Research Article

The Analysis of Feasibility of Sale of Public Sports Center in Korea

Table 3

Estimation of the present value of the public sports centers in Bundang and Ilsan (unit: KRW 100 million).

SortationBundang annual cash flowIlsan annual cash flowThe present coefficient of valueBundang current value by year by year ((1) ÷ (3))Ilsan current value by year by year ((2) ÷ (3))

11.531.97(1.05)11.451.88
21.531.97(1.05)21.391.79
31.531.97(1.05)31.321.7
41.531.97(1.05)41.261.62
51.531.97(1.05)51.201.54
61.531.97(1.05)61.141.47
71.531.97(1.05)71.091.4
81.531.97(1.05)81.041.33
91.531.97(1.05)90.991.27
10353.53625.97(1.05)10217.04384.29
Total present value227.92398.29