Description of this paper

A 9-year project has an initial fixed asset inve...

Description

Solution


Question

A 9-year project has an initial fixed asset investment of $256,200, an initial NWC investment of $24,400, and an annual OCF of -$39,040. The fixed asset is fully depreciated over the life of the project and has no salvage value. If the required return is 8 percent, the project's equivalent annual cost, or EAC, is $_______

 

Paper#10226 | Written in 18-Jul-2015

Price : $25
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