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Business, 20.11.2019 21:31 kobz

Jolly toys is introducing a set of engineered wood letter blocks. research indicates that 130,000 sets can be sold if the price is $18. jolly must invest $320,000 in new equipment to make the blocks. if jolly requires a minimum rate of return of 22% on all investments, what is the per-set target cost? round your answer if necessary.

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