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nisha nisha
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7 months ago
Carmen's grandfather died five years ago and left Carmen a perpetuity paying $50,000 a year. Carmen's cost of capital is 4%. After receiving the fifth payment, Carmen received an offer of $1.4 million from The Bizet Hedge Fund for the remainder of the perpetuity. Should Carmen accept the offer?
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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dmahrdmahr
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7 months ago
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nisha Author
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7 months ago
Smart ... Thanks!
jcarter
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jbarnett14
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2 hours ago
Correct Slight Smile TY
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