The expected average rate of return for a proposed investment of $713,800 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $342,480 for the 4 years is (round to two decimal places) a. 0.48% b. 11.99% c. 23.99% d. 0.96%

The expected average rate of return for a proposed investment of $713,800 in a fixed asset with a useful Ue of 4 years, straight-line depreciation, no residual value, and an expected total income of $342,480 for the 4 years is (round to two decimal places) - 0.48% b. 11.99% c. 23.995 d. 090%