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The FDA will grant a patent for 10 years. After that, competitors may copy the drug. Suppose the drug generates $200 million in perpetuity. 6%
The FDA will grant a patent for 10 years. After that, competitors may copy the drug.
Suppose the drug generates $200 million in perpetuity. 6% Discount rate. What is the present value of these cash flows?
Suppose the drug generates $200 million in perpetuity. 6% Discount rate. What is the present value of these cash flows?
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To calculate the present value of the cash flows generated by the drug we can use the formula for th...
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Introduction to Corporate Finance What Companies Do
Authors: John Graham, Scott Smart
3rd edition
9781111532611, 1111222282, 1111532613, 978-1111222284
