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Stump Storage Co. is expecting to generate after-tax income of $156,874, $135,897, and $178,946 for each of the next three years. The equipment used will
Stump Storage Co. is expecting to generate after-tax income of $156,874, $135,897, and $178,946 for each of the next three years. The equipment used will have an average book value of $246,598 over that period. What is the ARR? (Do not round intermediate computations. Round final answer to one decimal place.) 63.8% 64.1% 69.4% 66.8%
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