congratulations! you were the 10th caller on the kmth morning show and you just won $7,000. after you calm down, you decide to put the money into a bank account so that you will have even more money for a trip to europe. snurling bank tells you that they will pay 4% per year compounded monthly. how much money will you have for your trip in 7 years.
You will have $9257.60 for your trip in 7 years .
What is future value?A financial concept known as future value (FV) assigns a value to an asset based on anticipated factors like future interest rates or cashflows.
We will be using the future value formula, to calculate the future value of the principal amount $7,000. The interest given by bank is 4%, i.e., 0.04 which is compounded monthly.
As the interest is compounded monthly, we divide the interest rate by 12 and multiply the number of years by 12.
We get,
n=7x12=84
i=0.04/12
The formula of Future value is
[tex]FV=P(1+i)^{n} \\FV= 7000(1+\frac{0.04}{12})^{84} \\FV=$9257.60[/tex]
Therefore, the future value at the end of 7 years there will $9,257.60 for the trip to Europe.
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When using an Infrastructure as a Service IaaS solution What is the key benefit for the customer?
When using an Infrastructure as a Service IaaS solution Removing the need to maintain a license library.
Infrastructure as a Service , a form of cloud computing service, provides necessary computation, storage, and networking resources on demand and on a pay-as-you-go basis. Along with software as a service (SaaS), platform as a service (PaaS), and serverless, IaaS is one of the four categories of cloud services. The BIOS also performs several crucial tasks when we power on the machine. Furthermore, it is not a piece of hardware-specific software. A system software, that is. A unique piece of system software known as the BIOS, or basic input/output system, communicates with all of the PC's primary hardware and the operating system. And it is often kept in the flash memory chip that is located on the motherboard, though occasionally
When using an infrastructure as a service (IaaS) solution, which of the following is not an essential benefit for the customer?
A. Removing the need to maintain a license library
B. Metered service
C. Energy and cooling efficiencies
D. Transfer of ownership cost
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Who is responsible for global trade?
In 1995, the World Trade Organization was established. The WTO, one of the more recent international organizations, replaced the General Agreement on Tariffs and Trade (GATT)
What does "global trade" mean?
Global trade, which consists of the total imports and exports of each participating country, is the exchange of products or services between nations. It is subject to supply and demand law (with sporadic government intervention) and depends on that law to establish the selling price of each good or service.
Why is global commerce so crucial?
The greatest economy in the world as well as the biggest exporter and importer of goods and services is the United States. America's prosperity depends on trade, which drives economic growth and promotes good governance.
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What normally happens after a recession?
According to the NBER, the other phase of the business cycle is an economic expansion, which is the time of economic growth from the low point to the high point. It starts when the recession is over and business activity picks up.
When there is a broad fall in economic activity, there is a recession, which is a contraction of the business cycle in economics. Recessions often start when expenditure falls dramatically across the board (an adverse demand shock). Several things might cause this, including a financial crisis, a shock to international commerce, a bad supply shock, the deflation of an economic bubble, or a significant manmade or natural disaster (e.g. a pandemic).
Recessions are described as "a considerable fall in economic activity distributed across the market, lasting more than a few months, generally apparent in real GDP, real income, employment, industrial output, and wholesale-retail sales" in the United States.
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comp-u-learn inc. prides itself on a competitive advantage based on their proprietary educational software technology. what two entry modes should the company avoid in order to minimize the risk of losing this technology?
Joint venture and wholly owned subsidiary are the two entry modes that should the company should avoid in order to minimize the risk of losing this technology.
What is the difference between Joint venture and wholly owned subsidiary?The ownership arrangements of a joint venture (JV) and a wholly-owned subsidiary differ from one another. A joint venture (JV) is a business or partnership that is founded and run by two different companies. On the other hand, a corporation that is held entirely by one entity is known as a wholly-owned subsidiary.
What three criteria aid a business in selecting the best entry mode?Three categories were used by Agarwal and Ramaswami (1992) to illustrate the aspects that influence the decision of which foreign market entry strategy to use: ownership advantage of a firm, market location advantage, and internalization advantage of integrating transactions.
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Denise's current approach to employee compensation is to
O Pay all employees above-average wages
O Rank jobs in a pay hierarchy
O Pay employees based on individual performance
O Have little variation among employees' pay
Option C, Pay employees based on individual performance. With job-based pay, an employee's compensation is determined by the position that someone occupies.
The pay rate or pay range for a particular job may depend on the level of expertise and knowledge necessary to complete the job, its significance to the business, and other factors. Instead of supporting continuing employee learning that enables businesses to adapt, this compensation structure frequently goes hand in hand with centralized decision-making. Performance-based pay is based on an employee's most recent contributions to the company, whereas skill-based pay is determined by an individual's potential to make contributions regardless of the position they are now holding. Merit-based pay is a subset of performance-based pay in which management determines whether to raise an employee's basic compensation in light of past performance over the course of a year, for example.
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prime costs include ____
Prime costs are the expenses incurred by a company that are directly linked to the labor and materials utilized in manufacturing.
It speaks about the expenses associated with producing a good, which are calculated to provide the highest possible profit margin for the producer. A good's direct production costs for labor and raw materials are calculated using the prime cost. Indirect expenses like marketing and administrative charges are not included in direct costs.
Direct raw materials plus direct labor equal the prime cost.
To make sure they are making a profit, businesses need to figure out the prime cost of every product they manufacture.
Businesses can better understand their profit margin or the least expensive pricing to offer a product by figuring out prime cost.
The whole costs of production are not displayed in prime costs.
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What are the benefits of insurance to individuals and to society?
Insurance plans are beneficial to anyone looking to protect their family, assets/property and themselves from financial risk/losses.
• Insurance policies will aid in covering the cost of any future medical care that you may need as well as any emergencies or hospitalisations that may arise.
• Insurance plans can assist in reducing the financial loss incurred by the family as a result of the unexpected death of the family's main source of income.
• Insurance protection will help your family maintain their standard of living if you die away in the future. This will help them use the one-time insurance benefit to cover home bills.
• Insurance plans can help you protect your child's future academic opportunities. Even when you are not around, they will see to it that your kids have enough money to live comfortably while pursuing their goals and desires without giving anything up.
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a registered representative meets with a new client to talk about a fund that opened last year. the fund is still small, with $100 million in assets under management. the representative and customer agree that the fund meets the customer's risk tolerance and investment objectives. although the fund seems to be an attractive investment, the customer asks the representative to explain expense ratios. which statement about the expense ratio is false?
It's true that the management fee charged by the investment adviser—custodian bank fee—makes up the majority of fund expenses. Typically, the custodian bank charge makes largest portion of fund expenses.
What makes a customer high risk?
Higher Risk Customers are people who work in specific professions or use banking services in environments where there is a high risk of money laundering. For consumers who pose a higher risk, financial institutions engage in continuing monitoring and enhanced due diligence (EDD).
Customer risk analysis: What is it?
When a new business relationship or transaction is established, a number of steps are conducted as part of the customer risk assessment process. It is a necessary step for a more thorough study of the possible dangers that a new client might present.
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exhibit cartwright computing cartwright computing expects to order 126,000 memory chips for inventory during the coming year, and it will use this inventory at a constant rate. fixed ordering costs are $200 per order; the purchase price per chip is $25; and the firm's inventory carrying costs is equal to 20 percent of the purchase price. (assume a 360-day year.) refer to exhibit cartwright computing. what is the economic ordering quantity for chips? group of answer choices 3,175 13,675 12,088 6,243 8,124
The economic ordering quantity(EOQ) for chips is 3,175 that is calculated by using a formula.
The EOQ is a company's ultimate order amount that meets call for whilst minimizing its general prices associated with ordering, receiving, and protecting inventory. The EOQ components is great carried out in conditions in which call for, ordering, and protecting prices stay regular over time. Its formula is expressed as follows:
EOQ= SQRT ((2AO)/C)
A= Annual demand
O= ordering cost per order
C= Carrying cost per unit
EOQ= SQRT ((2AO)/C) = SQRT((2*126,000*200)/5) = 3,175
EOQ= 3175
Thus, the economic ordering quantity(EOQ) for chips is 3,175.
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Are protectionist tariffs good?
A government can impose protectionist policies through a variety of measures, including tariffs, import quotas, product standards, and subsidies.
Do protective tariffs work well?In the past, protective tariffs have been used to boost economies in nations suffering from depression or recession. Emerging sectors in underdeveloped countries may benefit from protectionism. It can also be used to encourage defense industry self-sufficiency.
Why are protectionist measures beneficial?A protectionist trade policy enables a country's government to promote domestic producers and thereby boost domestic production of goods and services by adopting tariffs or other trade restrictions.
We argue that, despite potentially lowering territorial pollutant emissions, protectionism reduces environmental efficiency, which is counterproductive to the sustainable growth of emerging nations.
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if prices and wages are flexible, a decrease in aggregate demand will in the long run cause only a(n) multiple choice decrease in the price level. increase in the price level. increase in the unemployment rate. decrease in real output.
In the long run, a decline in aggregate demand will only result in a fall in price levels if prices and wages are flexible. As a result, choice (A) is the right reaction.
What is aggregate demand?In an economy, the total quantity of demand for all finished products and services is measured as aggregate demand. A measure of aggregate demand is the total amount of money spent on certain goods and services at a particular price level and period.
At a particular price point and period, aggregate demand is defined as the entire amount of cash spent on those services and goods.
Exports, imports, government spending, capital equipment (factories and equipment), and all consumer items together make up aggregate demand.
Hence, option (A) is accurate.
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How do you respond to a delayed customer?
Greetings, [Client Name] We deeply regret the delay in delivery. As a result of what happened, [explain why delivery took so long. This will be taken care of in the following manner — [Explain how you'll prevent further delivery delays].
What kind of example of a late delivery would you provide a customer?We apologize sincerely for any inconvenience our late delivery of the items you ordered caused. Errors in the production department are to blame for this annoyance. A significant increase in unforeseen orders this month has also added to the delay.
How may you express your sincere regret for the delay in responding?Here are 5 phrases you might use to apologize for your delayed response in your next letter.
I'm sorry it took me so long to respond.I'm sorry for taking so long to reply.I apologise for the delayed reply.I regret not getting back to you sooner.For making you wait, I apologize.Learn more about delay in delivery: https://brainly.com/question/29555753
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What is the most expensive car that he can afford to buy? 2-door coupe 4-door hatchback compact sedan compact suv
The most expensive car he can afford to buy is a 4-door hatchback. He can spend $24,000. However, sales tax levied will be 6%. 6% of $24,000 = $1,440. He will be left with a balance amount of $22,560.
This indicates that the actual amount he has to spend on a car is $22,560
The 4- door hatchback is priced at $22,500, which is only little more pricey than the $22,560 he must pay after sales duty. The most expensive vehicle he can go is this one, as all other vehicles cost significantly further than $22,560.
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Which resource management involves the administrative tasks that address the hiring and compensation of a company's employees?
Human Resource Management involves the administrative tasks that address the hiring and compensation of a company's employees.
Human resource management involves creating personal policies and procedures that support business objectives and strategic plans. Central to this mission is fostering a culture that reflects core values and empowers employees to be as productive as possible. HR functions can vary depending on the industry, business size, and the type of workers employed. In most cases, the primary objectives are to acquire and cultivate talent and improve communication and cooperation among workforce members.
HR professionals generally are tasked with creating programs that improve workplace efficiency and employer-employee relationships.
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A tariff differs from a quota in that a tariff is?
A tariff differs from a quota in that a tariff is a tax imposed on imports, whereas a quota is an absolute limit to the number of units of a good that can be imported.
What are Trade restrictions?Generally, a trade restriction meas the various barriers that make the flow of goods and services between countries immobile, but If the barriers come from government policies, we call it trade protection.
A trade restrictions affect the demand for and supply of goods and services on international markets but a trade protection prevents market forces from operating freely to determine the equilibrium quantity and price. In conclusion, a trade protection results in an inefficient allocation of resources on a global scale.
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Traffic counts and demographic analysis of drawing area are associated with:
O the center-of-gravity method.
O manufacturing location decisions.
O service location decisions.
O the transportation model.
O locational cost-volume analysis.
Traffic counts and demographic analysis of drawing area are associated with service location decisions. Thus, option (c) is correct.
What is demographic?Demographic statistics are data that characterize people and their characteristics. Demographic analysis is the study of a population's characteristics such as age, race, and gender.
Raw supplies, perishability, and transportation costs are the three most essential factors for a company to locate in a specific region. The traffic statistics and demographic analyses served as the foundation.
Therefore, option (c) is correct.
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What are the 5 values of agile?
The four basic values of Agile software development as expressed by the Agile Manifesto are:
people and collaborations over cycles and apparatuses;working programming over thorough documentation;client coordinated effort over agreement discussion; and.answering change over sticking to the script.Proponents of Agile methodologies say the four qualities framed in the Agile Manifesto advance a product improvement process that spotlights on quality by making items that address shoppers' issues and assumptions.
The 12 standards are expected to establish and uphold a workplace that is centered around the client, that adjusts to business targets and that can answer and turn rapidly as need might arise and market influences change.
The four basic values of Agile software development as expressed by the Agile Manifesto are:
people and collaborations over cycles and apparatuses;working programming over thorough documentation;client coordinated effort over agreement discussion; and.answering change over sticking to the script.Know more about the values of agile - https://brainly.com/question/29782063
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Correct Question - What are the 4 values of agile?
Aaron realizes he has a budget deficit of roughly $175 at the end of two months in a row. Which of these options makes the most financial sense for him to fix his problem?
Cancel his cable TV subscription and go out to dinner three fewer times each month with friends
Start paying just the minimum monthly payment on his student loan and credit card debt, instead of the extra he's been contributing
Contribute $100 less to savings each month and $75 less to his retirement fund
Sell his current car and get a less expensive vehicle
Aaron needs to stop watching cable TV and cut back on his monthly dinner outings with pals in order to close the budget deficit .
How would you define "budget deficit"?
A budget deficit occurs when spending are higher than revenues, often over the course of one fiscal year. Although individuals, corporations, and organizations can all have budget deficits, the term is most frequently used to describe governments. Every year, the deficit causes the national debt to increase. As a result, the total amount of the national debt is significantly higher.
When there is slow economic growth or an economic downturn, the government suffers losses. When employees quit their jobs, the government receives less money in taxes. When low tax rates are present, excessive or reckless government spending may also lead to a budget deficit.
When the government's revenue exceeds its expenditures, a budget surplus results (the reverse of a budget).
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What type of data analytics is used to get the answer of what will happen in the future?
The goal of predictive analytics is to foretell likely future events. Data analysts can create predictive models that calculate the possibility of a future event or outcome based on prior patterns and trends.
Where can predictive analytics be found?In practically every organization and industry, including banking, retail, utilities, public sector, healthcare, and manufacturing, predictive analytics can be utilized to improve operations, increase revenue, and reduce risk. When using large data machine learning, augmented analytics is occasionally used.
What are some applications of predictive analytics?To ascertain consumer behavior or purchasing decisions and to encourage cross-selling opportunities, predictive analytics is used. Predictive models assist firms in luring in, holding on to, and expanding their most lucrative clients. operation improvement. Predictive models are frequently employed by businesses to forecast inventory and manage resources.
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Are incentives a benefit?
Although there are many non-monetary rewards or prizes, financial rewards are most often the foundation of an incentive.
What do incentives do to employees?Both employees and employers gain from rewards and incentives in the workplace. Employee motivation to support organizations in attaining their goals might increase when they receive incentives.
Employers and staff alike can benefit from a healthy work environment and can go a long way in increasing productivity through workplace incentives and prizes for employees.
Offering prizes to your workers can drive them to work hard and advance, but more significantly, it can make them feel valued and acknowledged for the wonderful work they do. Incentives are one method to do this.
A devoted crew that receives occasional incentives might assist your business with committed workers Interested employees lower costs associated with employee churn.
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What is artificial intelligence explain your answer with examples of any AI application?
Artificial intelligence is the practice of simulation of human intelligence processes by machines, especially computer systems. Speech recognition systems and face recognition systems are some examples of AI applications.
Artificial Intelligence can be regarded as one of the growing improvements in the technology over the last few years. It is considered to grow in its scope with changing times.
The world has seen the potential of artificial intelligence, and it even keeps the power to replace humans completely for many activities. It has become necessary for present world. As a result, the significance regarding the artificial intelligence has been mentioned above.
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is a minor. as a minor, he group of answer choices all of the choices. is not usually legally bound by a contract. has the right to avoid liability under a valid contract. has the capacity to enter into a valid contract.
As a minor, an individual is not usually legally bound by a contract. Minors are generally considered to lack the capacity to enter into a valid contract, meaning that they are not held to the same legal standards as adults with regard to contracts.
What is a contract with a minor?A contract with a minor is a legally binding agreement between a minor (a person under the age of 18 in most states) and another party. Minors are generally considered to lack the legal capacity to enter into a contract, meaning that they are not held to the same legal standards as adults with regard to contracts.
Are contracts with minors enforceable?In general, contracts with minors are not enforceable, meaning that they are not legally binding. This is because minors are generally considered to lack the legal capacity to enter into a contract. However, there are some exceptions to this rule, such as when a minor is considered to be "emancipated," or when a contract involves necessities of life, such as food, shelter, or medical care.
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By using time and motion studies, it is possible to determine how long it takes to perform an activity. this information is often used to formulate: ________
By using time and motion studies, it is possible to determine how long it takes to perform an activity. this information is often used to formulate standard allowances for labor hours.
A time and motion study is used to assess work efficiency by observing and timing tasks. It can assist you in determining where your day could be more efficient, saving you time and energy, both of which everyone could benefit from.
You can perform one on yourself or on someone else. You must first decide which method to use, from real-time observation to a sampling approach, before observing and timing the task.
After you've finished the research, you can use the information to create a more efficient work process.
By this you can formulate standard allowances for labor hours
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Management can make an immediate impact on the quality of operations through: __________
A: A Good Relationship With Guests
B: Retaining Employees
C: Staff Recognition
Management can make an immediate impact on the quality of operations through: C. Staff Recognition.
What is Staff Recognition?Staff Recognition can be defined as the way in which a staff of a company is been recognized for been productive or for the positive impact of the staff.
When a staff is recognized at a workplace it can tend to motivate the staff to continue putting in all their best when given a tasks and it can as well help to increase the job performance of the staff.
Therefore the correct option is C.
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A Moving to another question will save this response. Question 2 XYZ Corp. has to change their online ordering system to compete with ABC Corp. They are changing their business process with a
O A. change in technology
O B. change in product line
O C. change in business fundamentals
O D. company reorganization
O E. request to improve process quality A Moving to another question will save this response.
As the XYZ Corp. is changing their online ordering system, they are changing this business process with a A. change in technology.
In the field of business, a technological change can be described as a change in any of the technology that was previously being used by a company and replacing it with a better one to keep up to date with modern trends or to create more reliability for the customers.
In the scenario mentioned in the question, the technology of the online ordering system is being changed due to another competing company using a better technology for the online ordering system. Hence, in the above case, a change in technology is being observed.
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Select the 3 ways in which a customer can respond to direct marketing. 0 Select all that apply, then click Submit below O Requesting to be contacted by a salesperson O Receiving a discount O Making a purchase O Registering for further information O Providing feedback
The three responses are receiving a discount making a purchase registering for further information, and providing feedback.
What is direct marketing?An offer is communicated through direct marketing, in which businesses speak with a target customer directly and provide a way for them to respond.
Direct response marketing is another name for it among practitioners. Contrarily, advertising is a form of mass communication.
Examples of direct marketing are emails, online advertisements, flyers, database marketing, sales letters, newspapers, outdoor advertising, text messaging on phones, magazine advertisements, coupons, calls, postcards, websites, and catalog distribution.
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What vehicle type means?
Vehicle type is a term used to describe the different types of motor vehicles that are available. It usually includes cars, trucks, vans, recreational vehicles, and motorcycles, but can also include ships, airplanes, and other modes of transportation.
The type of vehicle is determined by its size, design and purpose. Cars are usually designed for commuting and basic transportation, while trucks are designed for towing and hauling. Vans are typically used for family transportation, while recreational vehicles are intended for leisure activities. Motorcycles, boats and airplanes are usually used for recreation or for special purposes. Vehicle type can also refer to a specific vehicle make and model, as well as body type, such as coupe, sedan, or SUV.
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which statement is true? multiple choice the cost of preferred stock is unaffected by the issuer's tax rate. the cost of preferred stock remains constant from year to year. an increase in the market value of preferred stock will increase a firm's weighted average cost of capital. preferred stock is generally the cheapest source of capital for a firm. preferred stock is valued using the capital asset pricing model.
Preferred stock dividends are not tax deductible to the company who issues them. Preferred stock dividends are paid out of after-tax cash flows so there is no tax adjustment for the issuing company.
Is a tax adjustment made to the cost of preferred stock?The cost of equity and preferred stocks is not affected by corporate tax levels. Only the cost of debt is affected by corporate tax rate since paying interests results in a tax shield. Instead, preferred stocks and any dividends received by common stockholders are calculated after taxes.The value of preferred shares is the rate of return expected by the preferred stockholders of a corporation. It is computed by dividing the regular preferred dividend payment by the current market price of the preferred shares.The statement that describes an advantage for the issuer of preferred stock is a. Choosing to not pay a preferred dividend payment will not lead the firm to bankruptcy.It is upon the company to understand to invest money in which stocks and which not.A company will not lead to bankruptcy if it decides to not pay a preferred dividend.In the field of business, dividend can be described as a sum of money paid regularly (typically annually) by a company to its shareholders out of its profits (or reserves).To learn more about stock refer to:
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Squealer's Sunday-morning revelation of the increased production figures is a good example of what?
Squealer's Sunday morning disclosure of the higher output numbers The attempt to mislead the animals about how prosperous the farm is can be seen in this instance.
In order to boost their morale, he informs them of the output rates. They are lies, but the animals feel better about their task when they believe them. They also serve to perplex the animals, who are perplexed as to why they are starving when they are generating more food than they were under Jones.
Every Sunday, Squealer would read them statistics showing that the output of every category of foodstuff had increased by 200, 300, or 500%. He did this while holding a long strip of paper with one trotter.
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