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www. 10 500.00 upuur I opory U ULUTUU MU Kentucky proposal $2,300,000 Indiana proposal $1,840,000 8 years $70,000 $300,000 9% 8 years $50,000 $500,000 9%

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www. 10 500.00 upuur I opory U ULUTUU MU Kentucky proposal $2,300,000 Indiana proposal $1,840,000 8 years $70,000 $300,000 9% 8 years $50,000 $500,000 9% ny intermediary calculations to the nearest dollar, and round your final answer to Beck Department Stores is considering two possible expansion plans. One proposal involve information is available: Required investment Estimated life Estimated residual value Estimated annual cash inflows over the next 10 years Required rate of return Indiana pro $1,84 8 $7 $30 The accounting rate of return for the Indiana proposal is closest to (Round any intermediary ang 5 stores in Indiana at the cost of 1 800,000. Under the other proposal the company would focus on Kentucky and open stores at a cost of 82.300.000 The following Kentucky proposal $2 300.000 8 years $50,000 $500.000 96 0 ulations to the nearest dollar and round your final answer to the nearest hundredth of a percent XXX

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