An investment of 100m gives you the expectation of either a present value of future cash flows
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An investment of €100m gives you the expectation of either a present value of future cash flows of €400m or of €0m. What would be the maximum probability of the second case occurring, which would allow you to make the investment?
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Corporate Finance Theory And Practice
ISBN: 9781119841623
6th Edition
Authors: Pascal Quiry, Yann Le Fur, Pierre Vernimmen
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