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Given the following information, what is the return on investment for the following project? Minimum required ROI 10.3% Retained earnings, beginning $70242 Residual income $45021

Given the following information, what is the return on investment for the following project?

Minimum required ROI

10.3%

Retained earnings, beginning

$70242

Residual income

$45021

Retained earnings, ending

$129318

Select one:

a.43%

b.10%

c.231%

d.13%

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