Reconsider Problem 11.15. Due to an economic downturn, one of the joint venture partners has withdrawn from
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Reconsider Problem 11.15. Due to an economic downturn, one of the joint venture partners has withdrawn from the project. The remaining partners have agreed to redistribute the withdrawing partner’s share. The result for EASTMAN is an increase in ownership from 49 to 82% with controlling interest. What discount rate should be used for the project?
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Facilities Planning
ISBN: 9780470444047
4th Edition
Authors: James A. Tompkins, John A. White, Yavuz A. Bozer, J. M. A. Tanchoco
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