8.11 Refer to problem 8.10. Assume that entry can be postponed but that the initial cost would...
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8.11 Refer to problem 8.10. Assume that entry can be postponed but that the initial cost would then be $40 million in real dollars, with the rest of the data as before. What is the NPV of the investment, that is, the value of the entry option?
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Valuation Mergers Buyouts And Restructuring
ISBN: 9780470128893
2nd Edition
Authors: Enrique R. Arzac
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