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Sports Experts is a sporting goods retailer. Its best-selling Gretzky Hockey Stick is purchased from a wholesaler that sets its price at a level that

Sports Experts is a sporting goods retailer. Its best-selling Gretzky Hockey Stick is purchased from a wholesaler that sets its price at a level that yields a 20% margin. The wholesaler buys the stick from a Quebec manufacturer whose selling price is $100. Sports Experts sets its prices to achieve a 50% margin. What is the retail price of the Gretzky Hockey Stick?

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