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The Nifty Fifty Is Considering Opening a New Store at a Start-Up

question 46

Multiple Choice

The Nifty Fifty is considering opening a new store at a start-up cost of $720,000.The initial investment will be depreciated straight-line to zero over the 15-year life of the project.What is the average accounting rate of return? The Nifty Fifty is considering opening a new store at a start-up cost of $720,000.The initial investment will be depreciated straight-line to zero over the 15-year life of the project.What is the average accounting rate of return? A) 13.05 percent B) 13.68 percent C) 14.01 percent D) 14.18 percent E) 14.35 percent

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