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The Ragged Mountain Running Shop ( RMRS ) sells running shoes and apparel in Charlottesville, Virginia. The owners of RMRS are considering the possibility of
The Ragged Mountain Running Shop RMRS sells running shoes and apparel in Charlottesville, Virginia. The owners of RMRS are considering the possibility of opening new retail locations. After careful market analysis, they estimate the expected returns at five new potential locations. These estimates are listed in the following table, along with the amount RMRS would need to borrow in order to open each location:
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