Cardinal Company is considering a five-year project that would require a $2,765,000 investment in equipment...
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Cardinal Company is considering a fiveyear project that would require a $ investment in equipment with a useful life of five years and no salvage value. The company's discount rate is The project would provide net operating income in each of five years as follows: Foundational Algo Assume a postaudit showed that all estimates including total sales were exactly correct except for the variable expense ratio, which actually turned out to be What was the project's actual simple rate of return? Round your answer to decimal places. 
Cardinal Company is considering a fiveyear project that would require a $ investment in equipment with a
useful life of five years and no salvage value. The company's discount rate is The project would provide net operating
income in each of five years as follows:
Foundational Algo
Assume a postaudit showed that all estimates including total sales were exactly correct except for the variable expense ratio,
which actually turned out to be What was the project's actual simple rate of return? Round your answer to decimal places.
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