Kwik Ltd. purchases an exclusive right to operate a toll motorway for twenty five years. There is no…

Kwik Ltd. purchases an exclusive right to operate a toll motorway for twenty five years. There is no plan to construct alternative routes in the area served by the motorway. It is expected that this motorway will be in use for at least twenty five years. What is the period over which the company should amortize the right to operate the motorway?

 

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