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o Question 2 (of 10) 2. 10.00 points You're trying to determine whether to expand your business by building a new manufacturing plant. The plant

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o Question 2 (of 10) 2. 10.00 points You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $11.1 million, which will be depreciated straight-line to zero over its four- year life. If the plant has projected net income of $1,764,300, $1,817,600, $1,786,000, and $1,239,500 over these four years, what is the project's average accounting return (AAR)? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g, 32.16) Average accounting retum Hints References eBook&Resources Hint#1 F3 F6 4

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