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Given the following information, what is the return on investment for the following project? 11.9% Minimum required ROI Retained earnings, beginning Residual income Dividends declared

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Given the following information, what is the return on investment for the following project? 11.9% Minimum required ROI Retained earnings, beginning Residual income Dividends declared and paid during $82098 $46519 $16397 the year Retained earnings, ending $128847 Select one: O a. 45% O b. 12% O c. 16% O d. 221% Check

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