Question: Problem 4 T-bone Pickens is a corporate raider. This means that he looks for companies that are not maximizing profits, buys them and then tries


Problem 4 T-bone Pickens is a corporate raider. This means that he looks for companies that are not maximizing profits, buys them and then tries to operate them at higher profits. T-bone claims that he learned his methods from the Kookmin Business School where they taught him to "buy cheap and sell dear." He is considering a bid for a local trucking company, Capon Truckin', but he needs to find out whether the company is maximizing profits. He knows that Capon has the following investment opportunities: Annaul Cash Flow Initial Costs $20 mil 30 mil 100 mil 150 mil 200 mil $ 20 mil 40 mil 30 mil 24 mil 20 mil
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