Required information A project has a first cost of $650000, a salvage value of...

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Accounting

Required information
A project has a first cost of $650000, a salvage value of 26.00% of the first cost after 3 years, and annual (GI-OE) of
$300000. Assume the company has a Te of 37%.
Determine the before-tax rate of return (ROR).(Round the final answer to three decimal places.)
The before-tax rate of return (ROR) is determined to be
%.
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