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3. The initial investment and other related data of Company K are given below ($000): Initial investment: 75,000 Economic life: Annual net incomes: 22,500 Annual

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3. The initial investment and other related data of Company K are given below ($000): Initial investment: 75,000 Economic life: Annual net incomes: 22,500 Annual depreciation: 6,500 10 years Calculate the ARR and Payback period and comment on the feasibility of investment

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