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What is the underlying premise of Gerry Sherman's question ...Do you want 50 cents now or 40 cents in two years? Do you agree with

What is the underlying premise of Gerry Sherman's question "...Do you want 50 cents now or 40 cents in two years?" Do you agree with the arguments that he develops around this premise? What, if any, additional considerations do you think need to be included in the analysis of the relative benefits of Chapter 11 reorganization versus asset sales?

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