Example Wharton company is an all-equity firm.The manager know at the present time (date 0) that the firm will dissolve in one year(date 1) The firm will receive a cash flow of $10,000 immediately and another $10,000 next year. There is no additional positive NPV projects available(r=10%,share outstanding=1000) slide 8slide 8 Example Example Wharton company is an all-equity firm. The manager know at the present time (date 0) that the firm will dissolve in one year(date 1). The firm will receive a cash flow of $10,000 immediately and another $10,000 next year. There is no additional positive NPV projects available (rs=10%, share outstanding=1000)