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X Your answer is incorrect. Bramble Oil Company is considering investing in a new oil well. It is expected that the oil well will increase

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X Your answer is incorrect. Bramble Oil Company is considering investing in a new oil well. It is expected that the oil well will increase annual revenues by $123,415 and will increase annual expenses by $75,000 including depreciation. The oil well will cost $412,000 and will have a $9,000 salvage value at the end of its 10-year useful life. Calculate the annual rate of return. (Round answer to 0 decimal places.es. 13%) Annual rate of return 27

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