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Business, 20.08.2021 20:20 rjsimpson73

An investment banking representative has just helped a client facilitate an asset purchase from a private company and has now been tasked with doing due diligence on the purchase price allocation of the asset to the acquirer's financial statements. The banker's initial model assumes a book value of $600,000. After completing due diligence, the banker realizes the asset is actually worth $1.3 million. How will this information impact the banker's model for the transaction

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