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Cost of capital = 18% 102.54
cost per bike times 25000 bikes 25000
2563500
0.18
461430
divide by 25000 bikes $18.46
3. Product cannibalization refers ot the phenomenon whereby a new product......
As a boy he attended the Hopkins Grammar School in New Haven, Connecticut. Ties of loyalty and interest bound him to this school for the rest of his life. Active in all its alumni work, he was, more specifically, for many years president of its board of trustees; in 1910, on the occasion of the two hundred and fiftieth anniversary of the founding of the school, he delivered a discourse on its history; when shortly before his death it became necessary to house the school in new quarters, he was one of the largest, if not the largest, of the individual donors whose contributions made possible a set of modern buildings for what he was fond of referring to as the fourth oldest institution of learning in the United States...
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