The expected average rate of return for a proposed investment of $784,200 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $259,520 for the 4 years is (round to two decimal places) Oa. 16.55% Ob. 8.27% Oc. 0.66% Od. 0.33% Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.712 4 0.792 0.751 0.683 0.621 0.636 0.567 5 0.747 Following is a table for the present value of an annuity of $1 at compound interest: Year 6% 10% 12% 1 2 4 0.943 0.909 0.893 1.833 1.736 1.690 3 2.673 2.487 2.402 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables provided, the present value of $15,000 to be received at the end of each of the next 2 years, assuming an earnings rate of 6%, is Oa. $25,350 Ob. $27,495 Oc. $26,040 Od. $30,000