Question: Question Content Area The expected average rate of return for a proposed investment of $ 6 5 4 , 9 0 0 in a fixed

Question Content Area
The expected average rate of return for a proposed investment of $654,900 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $192,840 for the 4 years is (round to two decimal places)
a.7.36%
b.0.29%
c.0.59%
d.14.72%

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