Question
Company A agrees to pay Company B a one-time payment 2 years from now equaling 10% of their EBITDA if it exceeds or meets
Company A agrees to pay Company B a one-time payment 2 years from now equaling 10% of their EBITDA if it exceeds or meets $10.0M and nothing if does not exceed $10.0M. Assume the following probabilities for potential outcomes: EBITDA (SM)
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Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0071091411, 71091416, 978-0070009899
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