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PQR , Inc., is considering investing $ 1 6 0 , 0 0 0 in a machine that may last 4 years with no residual

PQR, Inc., is considering investing $160,000 in a machine that may last 4 years with no residual value. The new machine will generate annual operating income of $60,000 per year for 4 years. What is the Simple rate of return?
A.12.5%
B.10.5%
C.14%
D.15.66%
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