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13.45% is incorrect... and 41.40% is also incorrect What is the accounting rate of return for a project that is estimated to yield total income

image text in transcribed13.45% is incorrect...

and 41.40% is also incorrect

What is the accounting rate of return for a project that is estimated to yield total income of $354,000 over three years and costs $855,000? (Round your answer to 2 decimal places. (i.e. 1234 should be entered as 12.34%.)) Accounting Rate of Return 13.45%

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