=+E15-8 Net present value method Obj 2 SPREADSHEET / a. $21 million Metro-Goldwyn-Mayer Studios Inc. (MGM), is

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=+E15-8 Net present value method Obj 2 SPREADSHEET

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a. $21 million Metro-Goldwyn-Mayer Studios Inc. (MGM), is a major producer and distributor oftheatrical and television filmed entertainment. Regarding theatrical films, MGM states, “Our feature films are exploited through a series ofsequential domestic and international distribution channels, typically beginning with theatrical exhibition. Thereafter, feature films are first made available for home video generally sfx months after theatrical release; for pay television, one year after theatrical release; and for syndication, approximately three to five years after theatrical release.”

$1,693,000

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