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Suppose Ocean Carriers uses a 9% discount rate. Should Ms. Linn purchase the $39 capesize? Assume that ocean carriers is located in hong kong, where
Suppose Ocean Carriers uses a 9% discount rate. Should Ms. Linn purchase the $39 capesize? Assume that ocean carriers is located in hong kong, where owners of hong kong ships are not required to pay any tax on profits made overseas and are also exempted from paying any tax on profit made on cargo uplifted from hong kong.
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