26. Modify Table 19.1 on the assumption that competition eliminates any opportunities to earn more than WACC

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26. Modify Table 19.1 on the assumption that competition eliminates any opportunities to earn more than WACC on new investment after year 7 (PVGO ⫽ 0). How does the valuation of Rio change?

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Principles Of Corporate Finance

ISBN: 9780071314176

10th Global Edition

Authors: Richard Brealey

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