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ten years ago you offered to buy JSU for 500 million. you offered 350 million down and the remaining balance at the end of year
ten years ago you offered to buy JSU for 500 million. you offered 350 million down and the remaining balance at the end of year 1. your salary payments to faculty would be 1.5 million annually starting year 1 and continue throughout the ownership. today you would only be able to sell JSU for a profit of 100 million. calculate your capital recovery and annual worth if you had made the deal at a MARR of 12%.
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