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Pat Realized a Total Return of 13

question 50

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Pat realized a total return of 13.2%, which is more than his expected return of 12.5%. What is the amount of his unexpected return?


Definitions:

Sales Manager

A professional responsible for directing and overseeing a team's sales strategies, activities, and goals.

Individual Salesperson

A person who sells goods or services on behalf of a company to customers, working independently.

Sales Territories

Designated geographic or demographic areas assigned to sales representatives or teams to manage and generate sales.

McGraw-Hill Publishing

A renowned American publishing company known for its educational textbooks and professional and trade publications.

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