Multiple Choice
A 10-year public project that required $1.5 million generates annual revenue of $0.2 million beginning from year 1. What is the project's rate of return on its investment?
A) 5.6%
B) 6.6%
C) 7.6%
D) 8.6%
E) 9.6%
Correct Answer:
Verified
Correct Answer:
Verified
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