Give answer.
4.48 An acquisition target has the following net cash flow profile (values in £ millions):
| Year | Exit price | ||||
| 1 | 2 | ...
Give answer.
4.48 An acquisition target has the following net cash flow profile (values in £ millions):
| Year | Exit price | ||||
| 1 | 2 | 3 | 4 | 5 | |
| -200 | 20 | 70 | 50 | 90 | 450 |
