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Finnegan Company plans to invest in a new operating plant that is expected to cost...

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Accounting

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Finnegan Company plans to invest in a new operating plant that is expected to cost $737,500. The projected incremental income from the investment is as follows: Year 1 2 3 4 5 Net Income After Tax $ 49,000 $ 64,000 $69,000 $74,000 $59,000 $39,000 6 The unadjusted rate of return on the initial Investment would be approximately

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