The expected average rate of return for a proposed investment of $6,000,000 in a fixed asset, using straight-line depreciation, a useful life of 20 years, no residual value, and an expected total income of $12,000,000 over the 20 years, is

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The Answer of The expected average rate of return for a proposed investment of $6,000,000 in a fixed asset, using straight-line depreciation, a useful life of 20 years, no residual value, and an expected total income of $12,000,000 over the 20 years, is

The Expected Average Rate of Return for a Proposed Investment