[ngoquynh]

Thank you very much!

[ngoquynh]

Dear Sir,
Regarding the closure revenue and cost, I found that the answer did not take into account of tax (30%). Is there any reason for it?

[ngoquynh]

Dear Sir,
Could you explain why they used yield on bond (4.4%) as the discount factor other than the cost of debt capital (which is (1-tax rate)*yield on bond (3.08%))?

[Author]

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