Question 16 of 50 View Policies Current Attempt in Progress -18 : Blossom Co. wants to introduce a new digital display, laser driven iron to the market. The estimated unit sales price is $85. The required investment is $4,340,000. Unit sales are expected to be 372,000 and the minimum required rate of return on all investments is 15%. Compute the target cost per iron. (Round answer to 2 decimal places, e.g. 52.75.) Target cost per iron