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The capital investment committee of iguana Inc. is considering two capital investments. The estimating operating income and net cash flows from each investment are as

The capital investment committee of iguana Inc. is considering two capital investments. The estimating operating income and net cash flows from each investment are as follows each project requires an investment of 480,000 straight line depreciation will be used in no residual value is excepted. The committee has selected a rate of 15% for purposes of the net present value analysis compute the average rate of return for each investment, if required round your answer to one decimal place.

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