Suppose manufacturers introduce a new model car to replace a car currently included in the cpi basket. the price of the new car is 10 percent higher than the discontinued model, but the new car has additional safety features and amenities. in this situation the cpi will tend to inflation as a result of bias. a. overstate; substitutionb. understate; quality adjustmentc. accurately measure; substitutiond. overstate; quality adjustment

The silverside company is considering investing in two alternative projects: project 1 project 2 investment $500,000 $240,000 useful life (years) 8 7 estimated annual net cash inflows for useful life $120,000 $40,000 residual value $32,000 $10,000 depreciation method straightminusline straightminusline required rate of return 11% 8% what is the accounting rate of return for project 2? (round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, x. xx%.)