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Given the following information, what is the return on investment for the following project? Minimum required ROI - 17% Retained earnings, beginning - $77,750 Residual

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

Minimum required ROI - 17%

Retained earnings, beginning - $77,750

Residual income - $50,000

Retained earnings, ending - $127,250

Input your answer as a number with two decimal places (for example, 1.23).

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