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Nike is considering launching a new line of sneakers. This sneaker will cost $9 million to develop and produce. They expect to make $90 million

  1. Nike is considering launching a new line of sneakers. This sneaker will cost $9 million to develop and produce. They expect to make $90 million in income over 10 years from selling this sneaker. What is the AAR of this investment?

    10

    81

    90

    0.1

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