Which of the following are required for an acquisition to, Financial Management

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Which of the following are required for an acquisition to

1. Which of the following are required for an acquisition to be considered tax free?

a. continuity of equity interest

b. a business purpse, other than avoiding taxes, for the acquisition

c. a payment in the form of equity shares for the acquired firm

d. cash payment for the equity of the acquired firm

2. Jamil invested $9,500 in an account he expects will earn 5% annually. Approximately how many years will it take for the account to double in value?

3. Your investment advisor wants you to purchase an annuity that will pay you $25,000 per year for 10 years. If you require a 7% return, what is the most you should pay for this investment?

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