Minar Incorporated reported the following results from last year's operations: At the beginning of this year, the company has a $900,000 investment opportunity with the following characteristics:
If the company pursues the investment opportunity and otherwise performs the same as last year, the combined return on investment for the entire company will be closest to:
A) 14.4%
B) 2.7%
C) 11.7%
D) 18.8%
Correct Answer:
Verified
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