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#1 Redwood Corporation is considering two alternative investment proposals with the fol Proposal Proposal Y Investment $800,000 $509,000 Useful life 9 years 9 years Estimated
#1 Redwood Corporation is considering two alternative investment proposals with the fol Proposal Proposal Y Investment $800,000 $509,000 Useful life 9 years 9 years Estimated annual net cash inflows for 9 years $130,000 $87,000 Residual value $79,000 Depreciation method Straight-line Straight-line Rogured rate of retum 17% S- What is the accounting role of return for Proposal Y? (Round any intermediary calculations to the nearest dollar and round your final answer to the nearest hundredth of a percent, XXX%) OA. 17.09% OB. 5.98% OC 11.1% OD 6.03%
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