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The projected cash flow for a project are as follows (in thousands): Assuming the initial investment is depreciated over the life of the project and

The projected cash flow for a project are as follows (in thousands):

Assuming the initial investment is depreciated over the life of the project and there is no salvage value, calculate the accounting rate of return. (formula: Average annual profit / Average investment)

Question 23 options:

37%

103%

41%

25%

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