You have a small business that nets you $600 per month. A competitor has just...
80.2K
Verified Solution
Link Copied!
Question
Finance
You have a small business that nets you $600 per month. A competitor has just offered to buy you out for $120,000 right now. What APR would be required for you to be indifferent to keeping or selling the business? Use a perpetuity to value your business and as always with rates, answer in percent and basis points. 1
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
