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2 . We have a long competitive relationship with others in the industry. Based on this history, there is a . 7 0 probability of
We have a long competitive relationship with others in the industry. Based on this history, there is a probability of a positive net present value when competitors do not respond to our introduction of a new product. Based on this same history, if competitors do respond, there is a probability of a positive net present value. After studying history, and the financial capabilities of our competitors going forward, we determine that there is a probability that competitors will respond. The total probability of a positive net present value is
We have a long competitive relationship with others in the industry. Based on this history, there is a probability of a positive net present value when competitors do not respond to our introduction of a new product. Based on this same history, if competitors do respond, there is a probability of a positive net present value. After studying history, and the financial capabilities of our competitors going forward, we determine that there is a probability that competitors will respond. The total probability of a positive net present value is
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