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Mario Guiglini has just sold his hotel and purchased a restaurant with the proceeds. The restaurant is on the Riccione seafront in northern Italy. The

Mario Guiglini has just sold his hotel and purchased a restaurant with the proceeds. The restaurant is on the Riccione seafront in northern Italy. The cost of the restaurant to Mario is 200,000 and the seller requires a 20 per cent up-front payment.

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