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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 i 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 i as follows: Net Income After Tax Year $30,000 $45,000 $50,000 $55,000 $40,000 3. 5. $20,000 The unadjusted rate of return on the initial investment would be approximately: Multiple Choice 8.0%. 6.0%. 16.7% 48.0%

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