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O 09:34 Hide Question 30 Current Attemptin Progress Vis Company is considering a capital investment of $216,000 in additional productive facilities. The new machinery is

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O 09:34 Hide Question 30 Current Attemptin Progress Vis Company is considering a capital investment of $216,000 in additional productive facilities. The new machinery is expected to have a useful life of 5 years with no salvage value Depreciation is by the straight-line method During the life of the investment, annual net income and net annual cash flows are expected to be $18.468 and $45,000, respectively. Vilasha 12x cost of capital rate which is the required rate of return on the investment. Compute the cash payback period Round answer to decimal places 10:5) Cash payback period years Compute the annual rate of return on the proposed capital expenditure (Round answer to 2 decimal places, eg 10.52%) Anate ofretum %

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