Your firm is considering investing in a new product. Marketing research has determined that the sales of
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Your firm is considering investing in a new product. Marketing research has determined that the sales of the new product depend, in large part, on the whether or not competitors jump in to mimic the product. Their assessment of sales, and the likelihood of mimicking is as follows:
a. What are the expected sales from this new product?
b. What is the standard deviation of possible sales of this new product?
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Related Book For
Financial Management And Analysis (Frank J. Fabozzi Series)
ISBN: 9780471477617
2nd Edition
Authors: Frank J. Fabozzi, Pamela P. Peterson
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