What is the exact dollar and cents total product holding

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Reference no: EM131939556

Related to the Holding Costs formula - If Interest rate (hurdle rate too if you like) is 9%;

Price per unit is $800; Units in inventory are 700; and Days held in inventory are 60; then what is the exact dollar and cents Total Product Holding Costs (over the period held in inventory)?

(show your work)

Reference no: EM131939556

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