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A project has average net income of $2,100 a year over its 4 year life. The initial cost of the project is $65,000 which will

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A project has average net income of $2,100 a year over its 4 year life. The initial cost of the project is $65,000 which will be depreciated using straight-line depreciation to a book value of zero over the life of the project. The firm wants to earn a minimal average accounting return of 8.5 %. The firm should the project based on the AAR of Multiple Choice Accept: 9.69 %. Accept: 6.46 % Relert 179296

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