The expected average rate of return for a proposed investment of $444,500 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $305,960 for the 4 years is (round to two decimal places) O a. 17.21% b. 0.69% O c. 34.42% O d. 1.38%

The expected average rate of return for a proposed investnsent of 544,500 in a foxed asset with a useful life of 4 years, straight line deprecatias, no resithal walue, and an expected total incarne of $305,960 for the 4 years is (round to two dccimat places) 4. 1721% b. 0.694 6. 14.4W a. 1.38%