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The expected average rate of return for a proposed investment of $ 3 6 , 0 0 0 in a fixed asset using straight -

The expected average rate of return for a proposed investment of $36,000 in a fixed asset using straight-line depreciation, with a useful life of 4 years, no residual value, and an expected total net income of $7,560, is
a.63%.
b.42%.
C.21%.
d.10.5%.
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