Quote:
Originally Posted by tophcfa
There is the answer, the Utility overpaid when purchasing the assets. Someone has to pay for that mistake, and that someone is collectively the customers of the utility.
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Since it’s a fact (because its in TOTV) that the utility overpaid, it would be helpful to know the following:
What was the purchase price?
What was the fair market value?
How was FMV calculated?