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Kendo Corp

Question 111

Multiple Choice

Kendo Corp.is projecting sales of $15 million in the coming year.If the size of the market is $50 million,and Kendo's projected market share is 25%,what is the average sale price of its products?


A) $0.60
B) $0.83
C) $1.00
D) $1.20
E) $1.85

Correct Answer:

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