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    Colonial Has an ROI of 18% Based on Revenues of $300,000.The
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Colonial Has an ROI of 18% Based on Revenues of $300,000.The

Question 69

Question 69

Multiple Choice

Colonial has an ROI of 18% based on revenues of $300,000.The investment turnover is 1.5 and residual income is $20,000.What is the hurdle rate?


A) 18%
B) 12%
C) 8%
D) 15%

Correct Answer:

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