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Kabab Co. is considering a $280,000 investment, which will provide net returns of $110,000, $150,000, and $210,000 in the second, third, and fourth years, respectively.

Kabab Co. is considering a $280,000 investment, which will provide net returns of $110,000, $150,000, and $210,000 in the second, third, and fourth years, respectively. The company has a payback rule of 3 years. Should the company undertake the investment? Use the following table: a. No b. Yes

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