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Suppose that Healdsburg enters into a sales contract with an auto manufacturer on January 1, 2009, to provide tires that cost Healdsburg $18 million to produce. The buyer offers Healdsburg $6 million in cash and agrees to take over the principal payment only on Healdsburg 's 6.55% debt notes. Assume that the going market interest is 7% at the time. What would Healdsburg's gross profit be on the sale?
World View
The fundamental cognitive orientation of an individual or society encompassing natural philosophy, fundamental existential and normative postulates, or themes, values, emotions, and ethics.
Theology
The study of the nature of the divine, religious beliefs, and the practice of religious faith, often involving analysis of religious texts and traditions.
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