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56) Hokie Nation, Inc is planning a hostile takeover Wahoo Sports for $1,000,000 and projected positive cash flows of $250,000,$350,000,$375,000,$400,000 and $500,000 over the next

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56) Hokie Nation, Inc is planning a hostile takeover Wahoo Sports for $1,000,000 and projected positive cash flows of $250,000,$350,000,$375,000,$400,000 and $500,000 over the next five years. The administration is very excited about this acquisition but President Sands is demanding the analysis use a discount rate of 25%. Should Hokie Nation proceed with this acquisition (yes or no) Yes No

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