What would be the rate of return for new product in planning

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7 years forecast for a the new product development and sales data:

Development/tooling cost, first 3 years (year 1– year 3): total $5.13M

Sales in the following 4 years (year 4– year 7) : total 315 units

Unit price = $200k

Unit net profit = 15%

What would be the Rate of Return for a new product in planning.

Reference no: EM131459466

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