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A Company has to make a choice between two strategies: Strategy 1: expected to result in a market price now of $100 per share of
A Company has to make a choice between two strategies: Strategy 1: expected to result in a market price now of $100 per share of common stock and a price of $120 five years from now. Strategy 2: expected to result in a market price now of $80 and a price of $140 five years from now. What do you recommend? Assume that all other things are unaffected by the decision being considered.
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