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Mountain Frost is considering a new project with an initial cost of $265,000. The equipment will be depreciated on a straight-line basis to a zero

image text in transcribed Mountain Frost is considering a new project with an initial cost of $265,000. The equipment will be depreciated on a straight-line basis to a zero book value over the four-year life of the project. The projected net income for each year is $21,200,$22,100,$24,600, and $18,100, respectively. What is the average accounting return

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