What fundamental underlying issue is not directly addressed in the analysis that Stryker’s management has conducted thus far? (Hint: your analysis is based on "incremental" cash flows – what is the base case or base scenario that are assessed relative to?) How might taking this issue more directly into account affect the numbers and analysis that you conducted for Question 2? What impact do you think a more explicit incorporation of this issue into your analysis would have on the recommendation that you give to Stryker’s board of directors?
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What fundamental underlying issue is not directly addressed in the analysis that Stryker’s managemen...
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