Due to increased mailing costs

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Reference no: EM132067068

1. Due to increased mailing costs, the new rate will cost publishers $62 million; this is 12.6% more than they paid the previous year. How much did it cost publishers last year? (Enter your answer rounded to the nearest dollar.)

2. Apple's stock has a 50% chance of producing a 25% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -28% return.

3. What is the firm's expected rate of return? [Type in your answer as a percent, to the 100ths of a percent].

Reference no: EM132067068

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Due to increased mailing costs : Due to increased mailing costs, the new rate will cost publishers $62 million. How much did it cost publishers last year?

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