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Provide a thorough explanation of Bill Nichols's claim that the maximum value to Hasperat of the purchase option is $113,449.38 (Exhibit 9). Explain how Nichols

Provide a thorough explanation of Bill Nichols's claim that the maximum value to Hasperat of the purchase option is $113,449.38 (Exhibit 9). Explain how Nichols derived this value, with particular emphasis on his expected future cash flow and the discount rate he used

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