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Today is Jan. 1, 2018, and Texas Roadhouse (TXRH) reported sales of $2,220M in 2017. Suppose you expect sales to grow at a 9% rate

Today is Jan. 1, 2018, and Texas Roadhouse (TXRH) reported sales of $2,220M in 2017. Suppose you expect sales to grow at a 9% rate in 2018, but this rate will slow by 1% per year to a long-run growth ...

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