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hpt 21 Question 5 of 6 Your answer is incorrect. 0/2 E Ayayai Water is considering introducing a water filtration device for its 20-ounce

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hpt 21 Question 5 of 6 Your answer is incorrect. 0/2 E Ayayai Water is considering introducing a water filtration device for its 20-ounce water bottles. Market research indicates that 1,000,000 units can be sold if the price is no more than $3. If Ayayal Water decides to produce the filters, it will need to invest $2,000,000 in new production equipment. Ayayai Water requires a minimum rate of return of 14% on all investments. Determine the target cost for the filter. (Round answer to 2 decimal places, eg. 10.50) Target cost per unit $ eTextbook and Media Solution Attometer of Suced

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