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Business, 29.06.2021 21:00 SMNS625

The expected average rate of return for a proposed investment of $4,250,000 in a fixed asset, using straight-line depreciation, with a useful life of 20 years, no residual value, and an expected total net income of $8,500,000 over the 20 years is: (round to two decimal points). a. 10.00%
b. 20.00%
c. 40.00%
d. 1.00%

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