Question: Question 6 (1 point) Feather, Inc. is considering adding a new product with a start-up cost of $600,000. This cost will be depreciated over 3

 Question 6 (1 point) Feather, Inc. is considering adding a new

Question 6 (1 point) Feather, Inc. is considering adding a new product with a start-up cost of $600,000. This cost will be depreciated over 3 years, which is the estimated life of the product. Feather, Inc. has a 34% marginal tax rate. The net income for each of the three years is estimated at $18,000, $45,000, and $88,000. What is the average accounting return for the new product? 25.93% 16.78% 11.30%

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