XYZ Ltd Company is considering making a bid for ABC Ltd. The anticipated net profit of ABC Ltd as a function of time in years is.
y=20+12x-x²
Where y = net profit in £000s
(10 Marks)
The bid by XYZ Ltd is to be based on the total anticipated profits of ABC Ltd during the second to sixth year after takeover. What is the value of
the bid?

Answer rating: 100% (QA)

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