Group 10 investment ltd is considering a project with the following data:

• Initial Investment =250m
• Lifespan =6yrs
• Scrap value=50m

The project cashflow over its lifespan include the following

Yr	Cash flow
1	80m
2	140m
3	140m
4	150m
5	180m
6	330m

You are required to determine the accounting rate of return giving that the company expected rate of return is 27% and the corporate tax is 25% for the 1^st 2 yrs but the Government has since changed it to 35% after 2 yrs. Consider the application straight line method of depreciation.