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Question Content Area The expected average rate of return for a proposed investment...

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Accounting

Question Content Area
The expected average rate of return for a proposed investment of $6,210,000 in a fixed asset, using straight-line depreciation, a useful life of 20 years, no residual value, and an expected total income of $12,420,000 over the 20 years, is (round to two decimal places)
a.10.00%
b.1.00%
c.20.00%
d.40.00%

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