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A project has an initial investment of $250. The initial investment will fully depreciate at the end of three years. Net profit from the project

A project has an initial investment of $250. The initial investment will fully depreciate at the end of three years. Net profit from the project is $110 in year 1, $50 in year 2 and $10 in year 3. What is the accounting rate of return for the project?

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