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21. The following information applies to a Fixed Price Incentive Fee contract. Target Cost = $1,000,000 Target Fee = 10% Actual Cost = $950,000 Ceiling

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21. The following information applies to a Fixed Price Incentive Fee contract. Target Cost = $1,000,000 Target Fee = 10% Actual Cost = $950,000 Ceiling Price = $1,250,000 Share Ratio = 80/20 a. What is the PTA? (3 points) b. What does this mean? Be specific using your answer from 21a. (2 points)

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