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Edd Company has an opportunity to purchase an asset that will cost the company $25,000. The asset is expected to add $7,500 per year to

Edd Company has an opportunity to purchase an asset that will cost the company $25,000. The asset is expected to add $7,500 per year to the company's net income. The unadjusted rate of return will be

a.30%

b.33%

c.20%

d.70%

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