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Redwood Corporation is considering two alternative investment proposals with the following data: What is the accounting rate of return for Proposal Y? (Round any intermediary

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Redwood Corporation is considering two alternative investment proposals with the following data: What is the accounting rate of return for Proposal Y? (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, X.XX%.) 4.77% 6.61% 10.00% 16.61%

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