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  3. 2. robert lam is considering an offer to sell his

2. Robert Lam is considering an offer to sell his medical practice, allowing him to...

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Accounting

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2. Robert Lam is considering an offer to sell his medical practice, allowing him to retire five years early. He has been offered $500,000 now for his practice and can invest this amount in an account earning 10% per year compounded annually. The practice is expected to generate the following cash flows. Should Robert accept this offer and retire now? Give the reason for your decision. (10%)

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