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Hi, from the discussion in the link above, the put value is used as the final value of Honua Co’s offer because they have the right to sell the project. Please may I know how do I know (from the case scenario) that they have the right to sell the project?
The question says that Honua has offered to buy Uwa from Talam.
It is Talam that want to assess the value of the offer, and Talam will be selling Uwa.
I see. Thanks a lot!
You are welcome.