P&G sold its prescription drug business to Warner-Chilcott, Ltd. for $3.1 billion. If income from product sales

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P&G sold its prescription drug business to Warner-Chilcott, Ltd. for $3.1 billion. If income from product sales is $2 billion per year and net profit is 20% of sales, what rate of return will the company make over a 10-year planning horizon?

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Question Posted: Dec 17, 2012 05:49 AM

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P&G sold its prescription drug business to Warner-Chilcott, Ltd. for $3.1 billion. If income from product sales

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Year 0 1 2 3 4 5 6 7 8 9 10 Sales 2 bn 2bn 2bn 2bn 2bn 2bn 2bn 2bn ...View the full answer

Engineering economy

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