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Please help 25-11 eyPLUS Kimmel, Accounting, 7e PRIN. OF ACCT I&II (ACCT 210: Read, Study & Practice Assignment Gradebook ORION Downloadable eTextbook ment > Open

Please help 25-11

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eyPLUS Kimmel, Accounting, 7e PRIN. OF ACCT I&II (ACCT 210: Read, Study & Practice Assignment Gradebook ORION Downloadable eTextbook ment > Open Assignment CALCULATOR FULL SCREEN PRINTER VERSION BACK NE iNMENT RESOURCES Investment Proposal pter 25 Homework Annual Annual Exercise 25-01 Year Book Value Cash Flows Net Income Exercise 25-04 Exercise 25-05 1 $70,500 $44,900 $9,700 Exercise 25-09 N 42,400 39,200 11,100 Exercise 25-11 20,600 36,000 14,200 Review Score 4 6,800 29,100 15,300 Review Results by Study 5 0 25,205 18,405 Objective Drake Corporation uses an 11% target rate of return for new investment proposals Click here to view the factor table! (a) What is the cash payback period for this proposal? (Round answer to 2 decimal places, e.g. 10.50.) Cash payback period 10 years (b) What is the annual rate of return for the investment? ( Round answer to 2 decimal places, e.g. 10.50%.) X Annual rate of return for the investment 1 09 14 MacBook

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