For the assumptions in part (a) of Problem 5, assuming a cost of capital of 12%, calculate

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For the assumptions in part

(a) of Problem 5, assuming a cost of capital of 12%, calculate the following:

a. The break-even annual sales price decline.

b. The break-even annual unit sales increase.

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Corporate Finance

ISBN: 9781292304151

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo

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