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Sales Trend Analysis. Environmental Designs, Inc., produces and installs energy-efficient window systems in commercial buildings. During the past ten years, sales revenue has increased from
Sales Trend Analysis. Environmental Designs, Inc., produces and installs energy-efficient window
systems in commercial buildings. During the past ten years, sales revenue has increased
from $25 million
to $65 million.
(a) Calculate the company's growth rate in sales using the constant growth model with annual compounding.
(b) Derive a five-year and a ten-year sales forecast.
Please provide instructions on how to solve this in excel
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