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Business, 11.03.2022 01:00 khorasanpublic
ZipCar auto parts store has $92,000 to invest in a project to detect and reduce insier theft in their stores. They have considering investing in one of two alternatives, identified as Y and Z. Z is the higher first-cost alternative, and the incremental initial investment between the two is $66,000 and will exhibit a rate of return of 16% per year. Z requires an investment of $92,000. They expect a rate of return on the $92,000 investment of 31 percent. Answer the following questions;
a. What is the size of the investment required in Y?
b. The rate of return on Y is :
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ZipCar auto parts store has $92,000 to invest in a project to detect and reduce insier theft in thei...
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