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A 650 room resort had room revenues of $1,277,640 during a week in March and actual room sales of 3640 for the week. The resort

A 650 room resort had room revenues of $1,277,640 during a week in March and actual room sales of 3640 for the week. The resort has a rack rate of $390 and a yield of 72%. Calculate the average room rate of the resort.

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