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Chee Corporation Has Gathered the Following Data on a Proposed

Question 116

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Chee Corporation has gathered the following data on a proposed investment project: Chee Corporation has gathered the following data on a proposed investment project: The company uses straight-line depreciation.Assume cash flows occur uniformly throughout a year except for the initial investment. The simple rate of return on the investment is closest to: A) 12.5% B) 10.0% C) 20.8% D) 8.3% The company uses straight-line depreciation.Assume cash flows occur uniformly throughout a year except for the initial investment. The simple rate of return on the investment is closest to:


A) 12.5%
B) 10.0%
C) 20.8%
D) 8.3%

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