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Business, 12.12.2019 04:31 winterblanco

The expected average rate of return for a proposed investment of $4,800,000 in a fixed asset, using straight-line depreciation, with a useful life of 20 years, no residual value, and an expected total net income of $10,560,000 over the 20 years is a. 24% b. 10% c. 22% d. 45%

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