Please help asap In 2009, Internationale Outstanding University (IOU) had an enrollment of 27,431 undergraduates,each of whom paid $6,254 per year in tuition. In 2010, enrollment was 27,242 students, and tuitionwas raised 2.8%. In 2011, IOU received $186.8M in revenue from student tuition, and enrollment was26,971 students. In 2012, it is estimated that tuition will be $7,050 and IOU needs to receive 4.7%more total revenue from tuition than in 2011.10AZWhat is the revenue goal (in $M) for 2012?PS1 1 22WSXH0.0 $ Million3 4 5#3EDC6$47 8RF%5VTG^6BYSUBMIT ANSWER&7HUN8J1EXIT1CALCULATED VARIABLES:11g = 0.077 (7.7%)11t = $6,92610t = $6,429growth=-189MADMISSIONS9KO)OP{A

Data given: Year No. of students enrolled Tuition fees ($) Total Revenue (million $) 2009 27431…

Answered: In 2009, Internationale Outstanding…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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