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The expected average rate of return for a proposed investment of $736,000 in a fixed...

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Accounting

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The expected average rate of return for a proposed investment of $736,000 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $311,040 for the 4 years is (round to two decimal places) a. 21.13% b. 0.42% c. 0.85% d. 10.57%

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