In: Finance
A project with a life of 11 has an initial fixed asset investment of $44,520, an initial NWC investment of $4,240, and an annual OCF of –$67,840. The fixed asset is fully depreciated over the life of the project and has no salvage value. |
If the required return is 14 percent, what is the project's equivalent annual cost, or EAC? Multiple Choice
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