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Microsoft Word - C540finalexamsp2016FINAL.docx You recently received a patent related to a medical device that is used to help analyze blood samples. A health care
Microsoft Word - C540finalexamsp2016FINAL.docx
- You recently received a patent related to a medical device that is used to help analyze blood samples. A health care private equity firm is interested in the technology and has offered to purchase the patents and all rights to the technology for $50 million, payable in 20 quarterly payments of $2.5 million starting exactly six months from today. If the interest rate implicit in the agreement is 6% APR, compounded quarterly, what is the present value of the payments you will receive? (8 points)
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697
