Multiple Choice
Robichau Inc. reported the following results from last year's operations: At the beginning of this year, the company has a $900,000 investment opportunity with the following characteristics:
The company's minimum required rate of return is 20%.
Last year's return on investment (ROI) was closest to:
A) 47.6%
B) 18.9%
C) 9.0%
D) 45.7%
Correct Answer:

Verified
Correct Answer:
Verified
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