You are looking at

a new project and you have estimated the following cash flows and net profit

(in million $):

–       

–       

–       

–       

Average Book Value

of Investment (in million $) is $ 150

Your required

return for assets of this risk is 20%.

What is the Average

Accounting Return for the project?

Give the answer in

percentage, rounding to the nearest unit, with no decimal places (e.g., if the

answer would be 3.234%, give 3; or if the answer would be 4.562%, give 5).