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Joetz Corporation has gathered the following data on a proposed investment project (ignore income taxes). The compary uses staight-tine depreciation on all equipment. Assume cash
Joetz Corporation has gathered the following data on a proposed investment project (ignore income taxes). The compary uses staight-tine depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial imvesanent. The simple rate of retum for the investment (rounded to the nearest tenth of a percent) is: Multipie Cholce 1065 197% 443%
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