Multiple Choice
Condren Incorporated reported the following results from last year's operations: At the beginning of this year, the company has a $1,000,000 investment opportunity with the following characteristics:
If the company pursues the investment opportunity and otherwise performs the same as last year, the combined Return on investment (ROI) for the entire company will be closest to:
A) 1.1%
B) 8.6%
C) 9.7%
D) 11.3%
Correct Answer:

Verified
Correct Answer:
Verified
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