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A project has an initial cost of $ 3 3 , 5 3 7 and a three - year life. The company uses straight -

A project has an initial cost of $33,537 and a three-year life. The company uses straight-line depreciation to a book value of zero over the life of the project. The projected net income from the project is $1,700, $2,000, and $2,348 a year for the next three years, respectively. What is the average accounting return?
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