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Business, 16.02.2021 01:00 kadeWayne

Psyche company wants to acquire Trim Company. Trim's ROI has been above average for its industry, net income has averaged $140,000 a year more than the industry average. These excess earnings are expected to continue at this amount for 5 years. Assuming a discount ratio of 87; how much will arise from Psyche's purchase of Trim?

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