Question: Cheyenne Company had an investment which cost $ 300000 and had a salvage value at the end of its useful life of zero. If Mussina's

Cheyenne Company had an investment which cost $300000 and had a salvage value at the end of its useful life of zero. If Mussina's expected annual net income is $15000, the annual rate of return is:

10.167%.

12.500%.

10.000%.

5.000%.

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