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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Question
Please help me out with this by using Excel's Solver function ! Thank you so much !

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14 TOTAL COST
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16 PROFIT
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18 TARGET PROFIT
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20 CONSTRAINTS:
21 UNITS SOLD
22 UNITS SOLD
23 PRICE
24 PRICE
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2 Use Solver to find the Units Sold and the Price per unit given expected profit of $4,500
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and the given Constraints.
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UNITS SOLD
6 PRICE PER UNIT
7 DISCOUNT%
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11 REVENUE
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13 COST PER UNIT
18%
$ 2.25
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$ 4.50
$
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