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Average rate of return, cash payback period, net present value method for a service company minimum desired rate of return for net present value analysis

Average rate of return, cash payback period, net present value method for a service company minimum desired rate of return for net present value analysis is \(12\%\). Compute the following: a. The average rate of return, giving effect to straight-line depreciation on the investment. If required, round your answer to one decimal place. \[\%\] b. The cash payback period.

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