(35)For each of the following, compute the future value (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)):Present Value Years Interest Rate Future Value$2,450 10 14 % $ 9,152 8 8 80,355 15 13 187,796 6 5

US GDP is around $20.54 trillion. If you and your nine friends were to take almost all US GDP, then you would each get an amount of around $1.84 trillion. When you give $3,000 to everyone else in the US population, the remaining GDP would be around $17.24 trillion.

To put this into perspective, $1.72 trillion is an incredibly large amount of money. It is almost inconceivable to imagine how much this amount would be and what could be achieved with it. It could be used to fund numerous projects and initiatives.

However, even though it would be possible to achieve great things with this money, it is important to consider the ethical implications of taking and distributing such a huge amount of money. Taking almost all of the US GDP would undoubtedly have a large economic impact.

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Audience , Functionality  are the two factors used to classify social networks for marketers.

The two factors used to classify social networks for marketers are audience and functionality.

Audience: This refers to the demographic or psychographic characteristics of the users of a social network. Marketers can use this information to target specific groups of people based on factors such as age, gender, location, interests, and behavior.

Functionality: This refers to the features and tools available on a social network that can be used for marketing purposes. Different social networks have different functionality, and some may be more suitable for certain marketing strategies than others.

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Hunter-gatherer lifestyles are well-suited to both foraging societies and industrial economies due to their mobility, flexibility, and sustainability. This allows them to take advantage of changing economic or subsistence opportunities quickly, making them a valuable asset to both types of economies.

The hunter-gatherer lifestyle is particularly well-suited to both foraging societies and industrial economies because it allows for greater mobility and flexibility in order to adapt to changing economic or subsistence opportunities. Hunter-gatherer societies have the ability to move from place to place, gathering resources from the environment as they need them, and the lifestyle is relatively low-cost and sustainable. This makes them particularly well-suited to foraging societies, who rely heavily on their ability to gather resources from the environment in order to survive.

Industrial economies also benefit from hunter-gatherer lifestyles due to the same mobility and flexibility. Hunter-gatherers can easily switch from one type of economic activity to another, allowing them to adapt to changing economic or subsistence opportunities quickly. This is especially useful for industrial economies, where businesses need to be agile and adapt to changing market demands in order to remain competitive.
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True.

A two-for-one stock split would double the number of shares outstanding, whereas a 10% stock dividend would only increase the number of shares outstanding by 10%.

What is a stock split?

A stock split is a business practice in which a business divides its current shares into several new ones. A company might undertake a stock split to make the shares more appealing to prospective shareholders.

They can also do it to increase trading activity and/or to give current shareholders additional shares, which can be used to vote on future corporate matters or sold for profit.

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The statement "The FCC's temporary freeze on new television stations instituted between 1948 and 1952 contributed to NBC, ABC, and CBS becoming the Big Three dominant broadcast networks" is true.

Explanation:

From 1948 to 1952, the Federal Communications Commission (FCC) imposed a temporary freeze on the issuance of new television licenses in order to regulate and organize the distribution of new channels. This allowed existing networks, particularly NBC, ABC, and CBS, to establish themselves as the primary television networks. These three networks became known as the "Big Three" because they had a monopoly on national broadcasting, and the temporary freeze aided in their dominance over smaller regional networks.

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The given statement is false. While competition among suppliers can sometimes result in lower prices, the key to effective supply chain management is not just about getting the lowest price.

Supply chain management is about creating a strategic and collaborative relationship between the company and its suppliers, ensuring that the right products are delivered at the right time and at the right price to meet customer demand while minimizing costs and risks. This may involve working closely with a select group of reliable suppliers who can offer value beyond just low prices, such as quality, innovation, and flexibility.

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An investment adviser is someone who provides advice or services to clients concerning securities, such as stocks, bonds, and other investment products. To be considered an investment adviser, a person must meet certain standards, including:

However, the criteria listed above are not the only standards used to determine if a person is an investment adviser. Other factors, such as a person’s professional credentials, experience in the field, and qualifications to provide investment advice, may also be considered. For example, a person may be able to provide investment advice without having any assets under management, but they may still be considered an investment adviser if they have the necessary qualifications.

Therefore, the answer to the question is: "Having at least a certain amount of assets under management" is not an essential criterion used to determine whether a person is an investment adviser.

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1. An argument is a piece of information a function needs to complete its task. List five different forms that the information can take. (an argument can be any one of these types)

a. A number

b. A string

c. A booleand.

d. An object.

e. An array. A function

2. T or F All functions have exactly one argument: False. 2. All functions do not have exactly one argument. They can have zero or more arguments.

3. T or F All functions have more than one argument: False. 3. All functions do not have more than one argument. They can have zero or more arguments.

4. T or F Some functions do not require an argument: True. 4. Some functions do not require an argument. For example, the `random` function in Python does not require any arguments to be passed to it.

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The individual who is most likely to be risk averse and prefer commercials that focus on the product rather than creative impact is:  Product and brand managers (option A).

Hirschman's study found that individuals in management roles, such as product and brand managers, tend to be more risk averse and prefer advertisements that focus on the product rather than creative impact.

These individuals are responsible for ensuring that the product is marketed effectively and that the company's reputation is maintained, and therefore may be more cautious when it comes to advertising.

In contrast, individuals in creative roles such as art directors, copywriters, and creative directors are more likely to be risk takers and may prefer advertisements that are more creative and innovative.

Product consumers, on the other hand, may have a range of preferences when it comes to advertising, depending on their individual tastes and preferences.

Therefore, the correct answer is A). Product and brand managers.

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The statement is completed as: Interactive online advertising, known as rich media, often has drop-down menus, built-in games, or search engines to engage viewers

Rich media advertising is a type of interactive online advertising that includes features beyond a static image and a call-to-action. This type of advertising often includes elements such as drop-down menus, built-in games, or search engines to engage viewers.

Rich media ads are designed to be more interactive and engaging, which can lead to increased user engagement and brand awareness. By providing a more immersive experience, rich media ads can capture the attention of users and keep them engaged with the content for longer periods of time.

In conclusion, the correct answer is ''rich media.''

The complete question is:

Interactive online advertising, known as ________, often has drop-down menus, built-in games, or search engines to engage viewers.

- rich media

- schedule

- evaluation

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Names that become synonymous with product categories like Kleenex, Kitty Litter, Jell-O, and Xerox, need to ensure they retain their brand names remain protectable (option C) so they can retain their trademark rights and avoid becoming generic.

A trademark is a form of intellectual property that protects a product or service's brand name, logo, slogan, or other identifiers from unauthorized use. Companies and businesses use trademarks to protect their brand names and logos to prevent other businesses from using them to advertise their products or services. They also help consumers to differentiate between the products and services of different brands.

Trademark rights are a set of legal rights granted to the owner of a trademark. Trademark rights grant the owner the exclusive right to use their trademark

in connection with the products and services for which it was registered. Trademark rights allow the trademark owner to control how their trademark is used and who uses it. These rights can be used to prevent others from using a similar mark or from using a mark that is confusingly similar to the registered trademark.

In conclusion, brand names that become synonymous with product categories need to ensure they retain their brand names remain protect-able so they can retain their trademark rights and avoid becoming generic.

Therefore. the correct option is C) protect-able.

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The beta on a stock with an expected return of 14% is 1.2. The Capital Asset Pricing Model (CAPM) equation is used to calculate the expected return on an asset. The correct answer is option d)1.2.

The CAPM equation is as follows: r(i) = rf + beta(i)(rm - rf)where r(i) is the expected return on the asset, rf is the risk-free rate, rm is the expected return on the market, and beta(i) is the asset's beta. The given information is as follows: Risk-free rate = 2%, Expected return on the market = 12%, Expected return on the stock = 14%

Now, we have to calculate the stock's beta. The CAPM equation can be modified to calculate beta as follows: beta(i) = (r(i) - rf) / (rm - rf). We can substitute the given information into this equation as follows: beta(i) = (0.14 - 0.02) / (0.12 - 0.02) beta(i) = 1.2. Hence, option d) is the right answer.

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It is absolutely incorrect, and highly irrelevant, to mention that the economic costs are the summation of explicit and implicit costs. Therefore, the said statement holds false.

The economic costs of a firm are heavily defined as the amalgamation of losses of goods owing to the value attached to them. It is also noteworthy to mention that the economic costs define the difference between the explicit as well as the implicit costs incurred by a firm in the economy during a particular period of time.

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Jim sells crabs to another buyer would constitute a breach of the contract between Bay Crab and Jim. Therefore, the correct option is A.

A contract is a legal agreement between two or more parties that is enforceable by law. It can be either written or verbal. In the case of breach of contract, legal remedies will be available to the injured party. Contracts contain many elements that must be satisfied for it to be considered legally enforceable. For example, contracts must have an offer and acceptance, a lawful purpose, and an exchange of consideration.

A breach of contract happens when one party fails to perform one or more of the obligations set forth in the agreement. If one party does not fulfill the terms of the contract, the other party may seek a legal remedy. There are many types of breach of contract, including anticipatory breach, actual breach, and material breach.

Jim, a local crabber, has signed a contract with Bay Crab Processor, which stipulates that Bay Crab Processor would purchase all the crabs Jim catches during the season for $35 per bushel. The breach of contract, in this case, would occur if Jim sold crabs to someone else because the contract prohibits him from doing so. Option A, that is, "Jim sells crabs to another buyer," would constitute a breach of the contract between Bay Crab and Jim.

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The type of fraud in which an auction site bidder is actually the seller with a fake identity, who bids high to drive up the price is called shill bidding.

What is shill bidding?

Shill bidding is the practice of placing bids in an auction by an individual or organization to create a false impression of the auction's demand and to artificially increase the auction's closing price. Shill bidding occurs when someone places a bid on an item for sale with no intention of buying it. Shill bidders are the most frequent type of eBay scam artist, and they have a number of techniques for defrauding eBay customers. They may use various strategies to deceive people, including creating fake accounts, posing as buyers, and using fraudulent shipping documents.Shill bidders are frequently used to create an impression of high demand for an item that does not truly exist. If a seller has one or two items on eBay, they will not be able to get as much money as they would if there were ten people bidding on the same thing. Shill bidders are usually used to drive up the price of an item, although they may also be employed to push the item up to its reserve price or beyond.The other options, Bid shielding, Bid siphoning, and Price driver, are not types of fraud that are related to auctions or bidding. Therefore, shill bidding is the correct answer.

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The journal entry,  Work in Process Inventory Account, Schedule of Cost of goods manufactured are as follows:

General Journal:

Debit Raw Materials $4,900

Credit Accounts Payable $4,900

To record the purchase of raw materials on account.

Debit Manufacturing Overhead Incurred $1,300

Credit Accounts Payable $500

Credit Accumulated Depreciation $800

To record depreciation and miscellaneous costs incurred on account.

Debit WIP  $11,000

Credit Raw materials $6,500

Credit Direct labor $4,500

To record costs incurred.

Debit WIP $6,000

Credit Manufacturing overhead $6,000

To record costs incurred.

Debit Finished Goods $ (22,750)

Credit WIP $ (22,750)

To record the transfer of WIP.

2. Work in Process Inventory Account

Beginning balance                     $5,750

Debit raw materials                     6,500

Debit Direct labor                        4,500

Debit manufacturing overhead  6,000

Credit: Finished goods             (22,750)

Ending Balance                        $5,450

4. Schedule of Cost of goods manufactured:

Beginning WIP balance             $5,750

Raw materials                              6,500

Direct labor                                  4,500

Manufacturing overhead            6,000

Ending Balance                          (5,450)

Finished goods                          (22,750)

a) Raw Materials Inventory

Beginning balance            $4,400

Debit: Accounts Payable    4,900

Credit: WIP                        (6,500)

Ending balance                $3,200

b) Manufacturing Overhead Applied

Beginning balance              $33,100

Credit WIP                             (6,000)

Ending balance                 $27,100

c) Manufacturing Overhead Incurred

Beginning balance              $32,200

Debit: Accounts Payable           500

Debit: Depreciation                   800

Ending balance                  $33,500

d) Journal entries were used/utilized to post the transactions for June to/into the ledger accounts, where the transactions were summarized, and then ending balances extracted.

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Complete question:

nstructions1. Journalize the June transactions: (1) for purchase of raw materials, factory labor costs incurred, and manufacturing overhead cost incurred; (2) assignment of direct materials, labor, and overhead to production; and (3) completion of jobs and sale of goods.2. Post the entries to Work in Process Inventory.3. Reconcile the balance in Work in Process Inventory with the costs of unfinished jobs.4. Prepare a cost of goods manufactured schedule for June.

The cost to lease a car is 28,398. This can be calculated by using the formula of total lease cost. The correct option is D.

Given the Security deposit = 460

The monthly lease payment 460 per month for a five-year lease opportunity cost of the security deposit is $460 × loan period (in years) × 3% internet

End-of-Lease charges = 660

To calculate the total cost of the lease, we need to add up the security deposit, monthly lease payment, opportunity cost, and end-of-lease charges.

Using the formula: Total lease cost = Security deposit + (Monthly lease payment × Number of months) + Opportunity cost + End-of-Lease charges

Substituting the values given:

Total lease cost = 460 + (460 × 60) + (460 × 5 × 3/ 100) + 660

Total lease cost = 460 + 27600 + 690 + 660

Total lease cost = 28,398

Therefore, the correct answer is option D.

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Because it represents the maximum number of skilled and unskilled workers that can be employed within an economy at any particular time, full employment is not the same as zero unemployment.

When all labor resources are being utilized as effectively as feasible, full employment has occurred. Full employment is when there are as many skilled and unskilled workers as is practical in a particular economy. As goals for economic policy, economists define full employment in a variety of ways based on their beliefs. The majority of contemporary economists concur that a certain amount of unemployment is required to control inflation as well as to provide people the opportunity to switch occupations, further their education, or develop their skills. A contract called an employment outlines the precise services that workers will do for their employers in exchange for a wage or salary.

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Answer:Reports

Explanation:Budget Reports compare budgeted results to actual results. Reports can be prepared at any time and for any period

Marketers design price plans that maximise revenue and profitability while taking into account elements like brand positioning and product distinction. They do this by using data on consumer demographics, competition, and market demand.

Any marketing plan must include pricing since it affects a product or service's revenue and profitability. Marketers utilise information on consumer demographics, such as income and purchase patterns, to determine how sensitive consumers are to pricing and how much they are ready to spend. Together with their own brand positioning and product distinction, they also take into account the competition and market demand for similar items. Marketers may create pricing plans that maximise revenues while remaining competitive and consumer-friendly by analysing this data. This may entail establishing different pricing for certain client categories, providing discounts or promotions, or changing prices in response to changes in supply and demand.

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Unless specific sales criteria are met, the factoring of accounts receivable with recourse is accounted for as a loan is a true statement.

Factoring of accounts receivable is an alternative financing method in which an enterprise sells its accounts receivable to a third party at a discount. Factoring with recourse is accounted for as a loan when specific sales criteria are not met.

The buyer agrees to accept the credit risk of the accounts receivable as part of the factoring contract, which means that the seller is liable to the buyer for any losses that occur as a result of unpaid accounts. As a result, factoring with recourse is accounted for as a loan.

Therefore, the statement "Unless specific sales criteria are met, the factoring of accounts receivable with recourse is accounted for as a loan" is correct.

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In the following question, among the conditions given on investment, (a.) If the discount rate is 5 per cent, the present value of these cash flows is $42,894.23. (b.) If the discount rate is 23 per cent, the present value of these cash flows is $16,438.79.

What is the present value? Present value refers to the current value of an amount of cash in the future after a certain amount of time. It is commonly referred to as the "time value of money." It is also referred to as the amount of cash that would be required now to generate the same future amount of cash assuming a specific interest rate. Present value is important because it provides a method of evaluating cash flows that are expected to occur in the future. Investment X will pay $4,900 every year for 9 years while investment Y will pay $6,500 every year for 5 years.

If the discount rate is 5%, calculate the present value of these cash flows. Present Value of Investment X: For nine years, Investment X would pay $4,900 per year. Using a financial calculator or formula, we can find the present value of this annuity: PV = $4,900 x (1 - 1 / (1 + 0.05)⁹) / 0.05 PV = $4,900 x 6.62235 PV = $32,410.15

Present Value of Investment Y: For five years, Investment Y would pay $6,500 per year. Using a financial calculator or formula, we can find the present value of this annuity: PV = $6,500 x (1 - 1 / (1 + 0.05)⁵) / 0.05 PV = $6,500 x 4.32948 PV = $28,146.25If the discount rate is 23%, calculate the present value of these cash flows.

Present Value of Investment X: PV = $4,900 x (1 - 1 / (1 + 0.23)⁹) / 0.23 PV = $4,900 x 3.22154 PV = $15,772.52Present Value of Investment Y: PV = $6,500 x (1 - 1 / (1 + 0.23)⁵) / 0.23 PV = $6,500 x 1.68949 PV = $10,666.27Therefore, the present value of these cash flows for a 5% discount rate is $42,894.23, and for a 23% discount rate is $16,438.79.

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To prepare the income statement section of a worksheet, multiple steps are involved. The correct steps for preparing the income statement section of the worksheet are as follows: Confirm that total debits equal total credits.

Extend the expense account balance  from the adjusted trial balance to the debit columns of the income statement sections. Extend the revenue account balances from the adjusted trial balance to the credit columns of the income statement sections. Calculate the total of the debit and credit columns. Extend the equity account balances from the adjusted trial balance to the credit columns of the income statement sections. What is a worksheet? A worksheet is a document that is created by an accountant in which all the accounts of the business are collected in a single sheet. A worksheet aids accountants in preparing financial statements such as the income statement, balance sheet, and cash flow statement. It is a preliminary accounting record that is used to aid accountants in the development of financial statements.

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An important element of the Fair Labor Standards Act is the record-keeping requirements. Hence option B. is correct.

The Fair Labor Standards Act (FLSA) is a US law that protects workers' rights by establishing minimum wage, overtime pay, and other labor standards.

The act was passed in 1938 and has been amended numerous times since then. It applies to most employees who work for an employer whose annual sales volume exceeds $500,000.

To guarantee that employers are following the law, the Fair Labor Standards Act includes a record-keeping requirement. Employers must maintain records on employees' hours worked, wages paid, and other relevant details.

This information is used to ensure that employers are paying workers fairly and in compliance with the law.

The Disability Benefit, Permanent Employment, Guaranteed Employment, and a Private Pension Plan are not important elements of the Fair Labor Standards Act.

Hence option B. the record keeping requirements is correct.

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The statement "If a company uses a predetermined overhead rate, actual manufacturing overhead costs of a period will be recorded in the Manufacturing Overhead account and will be recorded on the job cost sheets" is true. The correct option is A.

The manufacturing is the process of creating goods or products from the raw material in the organization.

The reason of correct statement of the  company uses a predetermined overhead rate, the actual manufacturing overhead costs of a period are recorded in the manufacturing overhead account and are allocated to jobs based on the predetermined overhead rate due to the actual overhead costs are used to adjust the manufacturing overhead account balance at the end of the period.

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The correct answer is option B, The Harry Fox Agency (HFA). HFA is an organization that helps to secure and administer mechanical licenses for the reproduction of copyrighted works.

It works directly with copyright owners and publishers to collect royalties for mechanical licenses, and acts as a middleman between the two parties to ensure that the copyright owners are paid properly for the usage of their works. HFA also works with digital service providers to help them acquire the proper mechanical licenses for their content. In addition, it provides services for registration and tracking of copyrighted works and royalty payments. The other options listed in the question are all organizations that provide services related to public performance, such as collecting performance royalties from radio, TV, clubs, etc. They are not responsible for mechanical licenses.

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The transactions types that are part of the operating cycle of a merchandising company are: purchases of merchandise, sales of merchandise often on account, and collections of accounts receivable.

What is the operating cycle of a merchandising company?

The operating cycle of a merchandising company involves various transactions types that are used in the normal course of the company's activities.

The operating cycle is an accounting term used to describe the length of time it takes for a company to purchase, sell, and receive payment for its products.

In a merchandising company, purchases of merchandise, sales of merchandise often on account, and collections of accounts receivable are all part of the operating cycle.

On the other hand, payments for advertising services, payments for salaries, and payments for rent are not part of the operating cycle.

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The operating income will increase by $102,600 if sales increase by 5,700 units for Spice Inc.

To calculate the increase in operating income, we need to first calculate the contribution margin per unit.

Total contribution margin for 9,600 units

Next, we can calculate the new total contribution margin if sales increase by 5,700 units:

Finally, we can calculate the increase in operating income:

New Operating Income = New Total Contribution Margin - Fixed Costs

Operating Income Change = New Operating Income - Operating Income

Therefore, the operating income will increase by $102,600 if sales increase by 5,700 units for Spice Inc.

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False. If your employer gives you a raise that is equal to the inflation rate, then your nominal salary will have increased, but your real salary (purchasing power) will remain the same as before.

A measure of inflation is the rise in an economy's total level of prices for goods and services over time. The buying power of money declines when the inflation rate is positive, indicating that the same amount of money can buy fewer products and services. The nominal wage of an employee will grow, or their take-home pay will go up, if their employer provides them a raise that is equivalent to the inflation rate. Yet, their real wage, which measures the income's buying power, will stay the same as it was prior to the boost.

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In the following question, option 2). Bob wants to sell his recreational vehicle for $21000. emails curt with an offer -, but types that the price is $20100. Curt says he accepts the offer and pays Bob $19.100 Bob or Curt "can avoid the deal due to a unilateral mistake."

What is a unilateral mistake? A unilateral mistake occurs when one of the parties in a contract is mistaken about the terms of the contract. The other party is aware of the mistake but does not tell the mistaken party. A unilateral mistake does not give the mistaken party the right to cancel the contract. However, the contract can be avoided if the mistaken party can show that the mistake was caused by the other party's fraud, duress, or undue influence. In the given scenario, Bob wants to sell his recreational vehicle (RV) for $21,000.

He mistakenly types the price as $20,100 while emailing Curt with an offer. Curt accepts the offer and pays Bob $19,100. Bob or Curt can avoid the deal due to a unilateral mistake. Since Bob mistakenly mentioned the price and Curt accepted the offer without correcting the mistake, Curt can avoid the deal.

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