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Wendy's Shoes Acquisition price is ten million. It is one hundred percent equity financing. At the end of 10 years, the owner of the business

Wendy's Shoes

Acquisition price is ten million. It is one hundred percent equity financing. At the end of 10 years, the owner of the business sells the business for ten million. How much money will the ten million equity investment earn on a pre-tax and net-of-tax basis? Please solve. Please show work. Thank you.

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