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QUESTION 3 ( 2 0 Marks ) Leo ( Pty ) Ltd is considering two possible projects, D & E . The projects are mutually
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Leo Pty Ltd is considering two possible projects, D & E The projects are mutually exclusive, which means only one of them can be chosen. The following net profits to the projects:
tableYear Project AProject BR R Year R R Year R R Year R R Year R R Year R R
The cost of Capital is
Required:
You are required calculate the accounting rate of return ARR for both project D and E
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