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Indigo Corp has an ROI of 15% and a residual income of $7.480. If operating income equals $51,000, what is the hurdle rate? Multiple Choice

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Indigo Corp has an ROI of 15% and a residual income of $7.480. If operating income equals $51,000, what is the hurdle rate? Multiple Choice 15.00% 3610% 2110% 12.80%

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