Sir could you please tell me how the pa came out to be 30613600 in appendix 2 which figure has been added.Thank you
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chamura december 13
11y ago#1Since the option is exercisable at the end of year 2, it is the PV of the flows calculated in appendix one, excluding the PV of the time 1 and time 2 flows.
Thank u sir got it.
11y ago#3You are welcome :-)
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