Question
From a profit maximizing point of view, which offer should LGI accept? PV of each offer (in $ millions) Offer A $102.17 million, paid
PV of each offer (in $ millions) | |||||||||
Offer A | $102.17 million, paid today | $102,170,000.00 | |||||||
Offer B | $19.85 million per year, to be paid over the next 8 years | $113,596,140.33 | |||||||
Offer C | $201.88 million, to be paid in year 8 | $108,184,827.59 | |||||||
Offer D | $18.09 million per year, to be paid over the next 7 years and | $93,829,947.73 | |||||||
a $53.05 million payment in year 8 | $28,428,794.85 | $122,258,742.57 | |||||||
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Analyzing Data And Making Decisions Statistics For Business Microsoft Excel 2010 Updated
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