Peter Guber and Joe Lacob can buy the Golden State Warriors basketball team for ($ 450) million,
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Peter Guber and Joe Lacob can buy the Golden State Warriors basketball team for \(\$ 450\) million, and they expect an annual real flow of payments (profits) of \(f=\$ 11.9\) million forever. Using the internal rate of return approach, should they buy the team if the real interest rate is \(2 \%\) ?
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