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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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