Martin is analyzing a project and has gathered the following data. Based on this data, what is the average accounting rate of return? The firm depreciates it assets using straight-line depreciation to a zero book value over the life of the asset.
Definitions:
Standard Deviation
A statistical measure that quantifies the dispersion or variation of a set of numerical data from its average.
Portfolio
A collection of investments held by an individual or institution.
Funds
Financial assets or resources that are available for a specific purpose or investment.
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