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Gidget has a new widget to bring to market. If the firm goes directly to market with the product, there is a 6 0 %
Gidget has a new widget to bring to market. If the firm goes directly to market with the product, there is a chance of success. However, the firm can conduct customer segment research, which will take a year and cost $ By going through research, the company can better target potential customers and increase the probability of success to If successful, the widget will bring a present value profit at the time of initial selling of $ million. If unsuccessful, the present value profit is only $ million. The appropriate discount rate is
Calculate the NPV of going directly to the market. Enter whole numbers, eg million should be
Calculate the NPV for conducting customer segment research. Enter whole numbers, eg million should be
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