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2. A project is estimated to provide total income of $1,485,000 over 9 years. The cost of the project is $490,000 and has a residual
2. A project is estimated to provide total income of $1,485,000 over 9 years. The cost of the project is $490,000 and has a residual value of $85,000. What is the Average Rate of Return (rounded to 1 decimal place)? A) 54.2% B) 33.0% C) 67.3% D) 57.4%
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Wiley CIA Essentials Of Internal Auditing Part 1 Exam Review 2023
Authors: S. Rao Vallabhaneni
1st Edition
1119987148, 978-1119987147
