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For the base case, as a percentage of sales, COGS- 73%, SGA- 14%, R&D- 2.6%. Depreciation, interest expense are fixed as stated. Tax rate is

For the base case, as a percentage of sales, COGS- 73%, SGA- 14%, R&D- 2.6%. Depreciation, interest expense are fixed as stated. Tax rate is 19%. . Using the same case, calculate the independe...

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