Question
APL contributed 10 million worth of assets to the joint venture, AMZ contributed 30 million worth of assets to the joint venture. APL paid AMZ
APL contributed 10 million worth of assets to the joint venture, AMZ contributed 30 million worth of assets to the joint venture. APL paid AMZ cash of 16.5 million. Afterwards, APL owned 60% of the joint venture and AMZ owned 40%. What is the control premium that APL is paying (Enter the answer in percentage number)? ANSWER IS: 10.42
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Financial Derivatives A Blessing Or A Curse
Authors: Simon Grima, Eleftherios I. Thalassinos
1st Edition
1789732468, 9781789732467
