Assume that: (a) Ippo Ltd (see Example 7.4 ) provides additional ordinary share capital at the beginning
Question:
Assume that:
(a) Ippo Ltd (see Example 7.4 ) provides additional ordinary share capital at the beginning of the investment period of £60 million, thereby eliminating the need for Andante Ltd to take on a bank loan
(b) any cash flows generated by Andante Ltd would be received by Ippo Ltd in the form of annual dividends.
What would be the IRR of the total investment in Andante Ltd for Ippo Ltd?
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