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A new project has on initial cost of $180.000. The equipment will be depreciated on a straight-line basis to a zero book value over the

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A new project has on initial cost of $180.000. The equipment will be depreciated on a straight-line basis to a zero book value over the five-year life of the project: The projected net income each year is $15,550,$11,600,513,560,$12,450, and $9,500, respectively. What is the average accounting retum? Round to two places past the decimal place

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