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A firm is considering multiple projects. The firm's required rate of return is 13% Project A: Investment: $1.567,830 Income: $482.964 Project B: Investment: $1.063.265 Income:

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A firm is considering multiple projects. The firm's required rate of return is 13% Project A: Investment: $1.567,830 Income: $482.964 Project B: Investment: $1.063.265 Income: $129.809 The firm picks the project with the higher ROI. What is the ROI of that project (enter answer in decimal form, rounded to second decimal place do NOT enter answer in percentage form)

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