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Edmund Corporation recently made a large investment to upgrade its technology. Although these improvements wont have much of an impact on performance in the short
Edmund Corporation recently made a large investment to upgrade its technology. Although these improvements wont have much of an impact on performance in the short run, they are expected to reduce future costs significantly.
What impact will this investment have on Edmunds earnings per share this year? What impact might this investment have on the companys intrinsic value and stock price?
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