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Q28. Alpha Division's profit is $3959614 and invested capital is $36457702 for the year. With the purchase of a new equipment for $926104, the divisional

Q28. Alpha Division's profit is $3959614 and invested capital is $36457702 for the year. With the purchase of a new equipment for $926104, the divisional profits increased by $40382 due to the use of the new equipment. Calculate the return on investment of the new equipment. (Present the final answer as a percentage, to 2 decimal places.)

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