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1. P&G sold its prescription drug business to Warner-Chilcott, Ltd. for $3.1 billion. If income from product sales is $400,000,000 per year, what rate of

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1. P&G sold its prescription drug business to Warner-Chilcott, Ltd. for $3.1 billion. If income from product sales is $400,000,000 per year, what rate of return will the company make over a 10-year planning horizon? (Use Spreadsheet: Show the Excel Function)

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