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What is the maximum price you would pay to buy a working business that needs to invest $5,000,000 to upgrade the equipment, it has an
What is the maximum price you would pay to buy a working business that needs to invest $5,000,000 to upgrade the equipment, it has an annual income of $2,000,000, annual expenses of $1,500,000 and can be sold after 6 years for $10,000,000? Use a MARR of 15%.
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