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PROBLEM IV Carter Company is considering three investment opportunities with the following accounting rates of return: Project X Project Y Project Z AAR 13.25% 6.58%

PROBLEM IV

Carter Company is considering three investment opportunities with the following accounting rates of return:

Project X Project Y Project Z

AAR 13.25% 6.58% 10.47%

Use the decision rule for AAR to rank the projects from most desirable to least desirable. Carter Companys required rate of return is 8%.

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