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Troy has four divisions: Restaurants, Lodging, Transportation, and Advertising. The Restaurant division is acquirig Novi Cafeteria. For valuing the acquisition of Novi Cafeteria, the most

Troy has four divisions: Restaurants, Lodging, Transportation, and Advertising.

The Restaurant division is acquirig Novi Cafeteria.

For valuing the acquisition of Novi Cafeteria, the most appropriate WACC is based on

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Restaurant division managing Novi Cafeteria

Restaurant division as a whole

The Troy corporation

the most recent acquisition by the Restaurant division

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