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General manager gm of car dealership is working on three

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Reference no: EM13391349

The General Manager (GM) of a car dealership is working on a three year business plan. The GM expects inflation to rise over the next three years.

• How will higher inflation affect the number of vehicles the dealership can sell?

• Based on the GM's inflation expectation what type of loan should the dealership arrange with its bank in order finance its inventory of automobiles?

Reference no: EM13391349

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