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The expected average rate of return for a proposed investment of $565,900 in a fixed...

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Accounting

The expected average rate of return for a proposed investment of $565,900 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $309,080 for the 4 years is (round to two decimal places)

a.1.09%

b.0.55%

c.13.65%

d.27.31%

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