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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 X? (Round any intermediary
Redwood Corporation is considering two alternative investment proposals with the following data: What is the accounting rate of return for Proposal X? (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, X.XX%.) A. 5.35% B. 16.46% C. 6.07% D. 2.61%
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