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Shields Company has gathered the following data on a proposed investment project: ...

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Accounting

Shields Company has gathered the following data on a proposed investment project:

The simple rate of return on the investment is closest to:

A. 20% B. 15% C. 5% D. 10%

The payback period for the investment is closest to:

A. 0.2 years B. 5.0 years C. 3.0 years D. 1.0 years

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