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Marshel Coffee, Inc. is considering opening a new restaurant that will require an investment of $4,000,000. Over a 10-year period the restaurant is expected to
"Marshel Coffee, Inc. is considering opening a new restaurant that will require an investment of $4,000,000. Over a 10-year period the restaurant is expected to provide average after-tax return of $500,000 per year. The unadjusted rate of return would be:"
20%
12.50%
10%
None of above
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