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A factory construction project would cost $ 18 million and this value would depreciate linearly to reach a value of 0 after 4 years. This
A factory construction project would cost $ 18 million and this value would depreciate linearly to reach a value of 0 after 4 years. This plant would generate profits of $ 1,632,000, $ 2,106,500, $ 1,941,700 and $ 1,298,000 over the next 4 years. What is the average accounting rate of return?
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