(solution) The marketing director of National Midland Mortgage has been arguing with senior management about…

(solution) The marketing director of National Midland Mortgage has been arguing with senior management about…

The marketing director of National Midland Mortgage has been arguing with senior management about building a $50 million publishing facility. Other managers worried about the assumptions in the analysis that support the investment—an increase in the number of mortgages processed and a reduction in processing costs. What if the mortgage market did not grow as expected?