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QUESTION 6 Management is considering a $100,000 investment in a project with a five-year life and no residual value. If the total income from the

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QUESTION 6 Management is considering a $100,000 investment in a project with a five-year life and no residual value. If the total income from the project is expected to be $60,000 and straight-line depreciation is used, the average rate of return is: a)12% b) 24% c) 60% d) 75% O O O O

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