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Business, 07.10.2021 02:00 terrickaimani

Average Rate of Return The following data are accumulated by Watershed Inc. in evaluating two competing capital investment proposals: Project A Project Z Amount of investment $92,000 $72,000 Useful life 4 years 9 years Estimated residual value 0 0 Estimated total income over the useful life $9,200 $24,300 Determine the expected average rate of return for each project. Round your answers to one decimal place.

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