The average net income of a project divided by the project's average book value is referred to as the project's:
A. required return.
B. market rate of return.
C. internal rate of return.
D. average accounting return.
E. discounted rate of return.
Ans: D. average accounting return.
Business
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The probability that we will be in a future state, given a current or existing state, is called
A) state probability. B) prior probability. C) steady state probability. D) joint probability. E) transition probability.
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