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The expected average rate of return for a proposed investment of $706,800 in a fixed asset with a useful life of 4 years, straight-line
The expected average rate of return for a proposed investment of $706,800 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $304,080 for the 4 years is (round to two decimal places) a. 21.51% Ob. 0.86% O c. 0.43% d. 10.76%
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