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The expected average rate of return for a proposed investment of $782,000 in a fixed asset, with a useful life of 4 years, straight- line

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The expected average rate of return for a proposed investment of $782,000 in a fixed asset, with a useful life of 4 years, straight- line depreciation, no residual value, and an expected total net income of $292,000 for the 4 years, is (round to two decimal points) Oa. 13.90% b. 18,67% Oc. 37.34% Oa. 9.34%

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