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Calculation required. Mary Ricci lacks the capital to develop her new product concept, but is unwilling to license or sell the pattern to a manufacturer.
Calculation required.
Mary Ricci lacks the capital to develop her new product concept, but is unwilling to license or sell the pattern to a manufacturer. She needs a $30,000 loan to fund her fixed costs and $250,000 for advertising and other related product introduction costs. What are her options?
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