Question: 13 (1 point) TVM Question: Anders Laboratories is considering acquiring a drug patent. The patent has 11 years remaining, and the drug is expected to
13 (1 point) TVM Question: Anders Laboratories is considering acquiring a drug patent. The patent has 11 years remaining, and the drug is expected to generate annual net cash inflows of $12 million per year. For ease of computation, assume that all of these annual cash inflows from the patent occur at the end of the year. What is the maximum amount Anders Laboratories should be willing to pay for the patent today, assuming an expected return of 8% ? $5,146,594 $199,745,850 $85,667,571 $27.979,668
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