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Question 3 (of 8) .value 10.00 points You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has

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Question 3 (of 8) .value 10.00 points You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $12.5 million, which will be depreciated straight-line to zero over its four- year life. If the plant has projected net income of $1,904.300, $1,957,600, $1,926,000, and $1,379,500 over these four years, what is the project's average accounting return (AAR)? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.) Average accounting return 14.33% References Worksheet Difficulty: Basic Previous attempt

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