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24-8. f You are the director of capital acquisitions for Crimson Software Company. One o the projects you are considering is the acquisition of Geekware,

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24-8. f You are the director of capital acquisitions for Crimson Software Company. One o the projects you are considering is the acquisition of Geekware, a private software company that produces software for finance professors. Dave Vanzandt, the owner of Geekware, is amenable to the idea of selling his enterprise to Crimson, but he has certain conditions that must be met before selling. The primary condition set forth is a nonnegotiable, all-cash purchase price of $20 million. Your project analysis team estimates that the purchase of Geekware will generate the following marginal cash flow: Cash Flow $1,000,000 3,000,000 5,000,000 7,500,000 7,500,000 Year 4

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