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Class Time: Louiso Merlow, a divisional manager for Rage Company, has an opportunity to manufacture and sell a new product for a five-year period. Her

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Class Time: Louiso Merlow, a divisional manager for Rage Company, has an opportunity to manufacture and sell a new product for a five-year period. Her annual pay raises are determined by her division's return on investment (RO). Which has exceoded 18% each of the last three years. The company's discount rate is 16%. She has computed the cost and revenue estimates for the product as follows: The

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