Question: Question Content Area The expected average rate of return for a proposed investment of $455,500 in a fixed asset with a useful life of four

Question Content Area

The expected average rate of return for a proposed investment of $455,500 in a fixed asset with a useful life of four years, straight-line depreciation, no residual value, and an expected total net income of $227,280 for the four years is (round to two decimal points)

a. 1.00%

b. 0.50%

c. 24.95%

d. 12.47%

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