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Rusty Company is considering developing a new product. The company has gathered the following information on this product: Expected total unit cost $20 Estimated investment

Rusty Company is considering developing a new product. The company has gathered the following information on this product: Expected total unit cost $20 Estimated investment for new product $700,000 Desired ROI 5% Expected number of units to be produced and sold 1,000 The desired markup percentage is: A) 275%. C) 175% B) 75%. D) 100%

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