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Project: House construction Build an 1,800 square foot home in Sudbury, Ontario Estimated Selling Price: $750,000 Selling fees are 3% Construction costs: $529,000 Land Cost:

Project: House construction Build an 1,800 square foot home in Sudbury, Ontario Estimated Selling Price: $750,000 Selling fees are 3% Construction costs: $529,000 Land Cost: $100,000 Company requires an ROI of 15%

Determine the ROI (hint: profit/cost)

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