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Finnegan Company plans to invest in a new operating plant that is expected to cost $500,000. The projected incremental income from the investment is as

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Finnegan Company plans to invest in a new operating plant that is expected to cost $500,000. The projected incremental income from the investment is as follows: Year 1 2 3 4 5 6 Net Income After Tax $35,000 $50,000 $55,000 $60,000 $45,000 $25,000 The unadjusted rate of return on the initial investment would be approximately The unadjusted rate of return on the initial Investment would be approximately: Multiple Choice 16.7% 70% o 90% o

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