What to use as S. The directions say The negative NPV of the initial investment as the
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What to use as "S". The directions say "The negative NPV of the initial investment as the price of the option". Would this mean the present value of the 200 and 250 million dollar investments, or the 900 million acquisition cost?
Related Book For
Intermediate Accounting
ISBN: 978-0470161012
9th Canadian Edition, Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
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