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You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $ 1 2
You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $ million, which will be depreciated straightline to zero over its fouryear life. If the plant has projected net income of $ $$ and $ over these four years, what is the project's average accounting return AARRound the final answer to decimal places.
Average accounting return
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