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ext Page 05 Question 2 (2 points) A plant has a proposed project with installation costs of $20 million, which will be depreciated straight-line to
ext Page 05 Question 2 (2 points) A plant has a proposed project with installation costs of $20 million, which will be depreciated straight-line to zero over its four-year life. If the proposed project has projected net income (loss) of ($500,000), $2,000,000, $2,500,000, and $3,000,000 over these four years, what is the project's average accounting return (AAR)? 22.50% 25.00% 11.25% 20.00%
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