3. Suppose the Innovative Motors Corporation (IMC) is determining the NPV of a new convertible sports car.

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3. Suppose the Innovative Motors Corporation (IMC) is determining the NPV of a new convertible sports car. Some of the customers who would purchase the car are owners of IMC’s compact sedan. Are all sales and profits from the new convertible sports car incremental?

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Corporate Finance

ISBN: 9780071229036

6th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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