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3. Fill out the following table with the correct information: 4. SPX FLOW, manufacturer of high-performance hydraulic pumps and tool, is considering investing $100,000 in
3. Fill out the following table with the correct information: 4. SPX FLOW, manufacturer of high-performance hydraulic pumps and tool, is considering investing $100,000 in two new hand tool products identified below as X and Y. The investment in X is $20,000 and is expected to yield are rate of return of 40% per year. You have been asked to determine what rate of return would be required on the remaining $80,000 for the total return to be at least 25%. You responded that it would have to be closest to (a) 10.4% (b) 16.8% (c) 21.3% (d) 24.1%
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