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1. Determine the average rate of return for a project that is estimated to yield total income of $238,770 over three years, has a cost
1. Determine the average rate of return for a project that is estimated to yield total income of $238,770 over three years, has a cost of $674,600, and has a $83,400 residual value. Round to the nearest whole number.
2.A project has estimated annual net cash flows of $45,000. It is estimated to cost $184,500.
3.
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