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You're trying to determine whether or not to expand your business by bulding a new manufacturing pant. The plant has an installation cost of $198

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You're trying to determine whether or not to expand your business by bulding a new manufacturing pant. The plant has an installation cost of $198 milion, which will be depreciated straight-line to zero over its four-year life. If the plant has projected net income of $1,875,000,$2175,000,$2,094,000, and $1,356,000 over these four yeors, What is the project's overage accounting return (AAR)? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.9.32. 3

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