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The following data are accumulated by Watershed Inc. in evaluating two competing capital investment proposals: Project A Project Z Amount of investment $ 8 0
The following data are accumulated by Watershed Inc. in evaluating two competing capital investment proposals:
Project A Project Z
Amount of investment $ $
Useful life years years
Estimated residual value
Estimated total income over the useful life $ $
Determine the expected average rate of return for each project. Round your answers to one decimal place.
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