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For the base case in this section, as a percentage of sales, COGS = 69%, SGA = 13%, R&D = 2.2%. Depreciation and interest expenses

For the base case in this section, as a percentage of sales, COGS = 69%, SGA = 13%, R&D = 2.2%. Depreciation and interest expenses are fixed as stated. The tax rate is 18 percent. Given the fol...

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