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The expected average rate of return for a proposed investment of $405,600 in a fixed asset with a useful life of 4 years, straight-line depreciation,

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The expected average rate of return for a proposed investment of $405,600 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $223,600 for the 4 years is (round to two decimal places) Ca. 27.56% b. 0.55% c. 1.10% d. 13.78%

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