Use the following information for the next 3 questions.
Chicago Division has a required rate of return of 15%. The weighted average cost of capital is 10%. Information for Chicago Divisions operations over the past 2 years follows.
-What was the Chicago Division ROI for 20x5 (rounded to nearest 0.1%) ?
A) 11.2%
B) 13.2%
C) 15.5%
D) 16.0%
Correct Answer:
Verified
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