Your supervisor asked you to determine what rate of return, Financial Management

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Your supervisor asked you to determine what rate of return

A company that manufactures high-strength epoxys is considering investing $100,000 in two new adhesives identified as X and Z. The investment in X is $20,000 and is expected to yield a rate of return of 40% per year. Your supervisor asked you to determine what rate of return would be required on the remaining $80,000 in order for the total return to be at least 25%. You responded that the return would have to be at least:

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Financial Management: Your supervisor asked you to determine what rate of return

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