Business, 24.11.2020 19:40 laurenppylant
Which company sold for the highest cash equivalent value?
a. The owner of Company D just sold the business. The former owner received a non-interest-bearing note for $1,100,000 due in exactly 1 year. The market rate of interest is 8.4% (APR) for this type of transaction.
b. The owner of Company C just sold the business. The former owner received a non-interest-bearing note for 30 equal semi-annual payments of $45,000. The market rate of interest is 4.8% (APR) for this type of transaction.
c. Company A was purchased for $1,000,000 for cash today.
d. The owner of Company B just sold the business. The former owner received a non-interest-bearing note for 15 equal annual payments of $100,000. The market rate of interest is 4.8% for this type of transaction.
Answers: 2
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Which company sold for the highest cash equivalent value?
a. The owner of Company D just sold the b...
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