Do you think firms often lose money on new products

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1. Do you think firms often lose money on new products? What do you think would happen to a company that often loses money on new products? Explain.

2. How would the formula for calculating time in days (given principal, interest, and rate) change if exact interest were used rather than ordinary interest?

3. Explain the effect of a rise in general market interest rates on an investor who is holding notes. Give an example.

Reference no: EM131761185

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