Question: What will be the expected average rate of return for a proposed investment of $4,800,000 in a fixed asset, using straight-line depreciation, with a 20-year

What will be the expected average rate of return for a proposed investment of $4,800,000 in a fixed asset, using straight-line depreciation, with a 20-year useful life, no salvage value, and an expected total net income of $10,560,000 over the 20 years.

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