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

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Question

Accounting

Question Content Area
The expected average rate of return for a proposed investment of $525,600 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $169,760 for the 4 years is (round to two decimal places)
a.16.15%
b.0.65%
c.0.32%
d.8.07%

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