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A 8-year project has an initial fixed asset investment of $39,060,

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A 8-year project has an initial fixed asset investment of $39,060, an initial NWC investment of $3,720, and an annual OCF of -$59,520. The fixed asset is fully depreciated over the life of the project and has no salvage value.;Required;If the required return is 20 percent, what is the project's equivalent annual cost, or EAC? (Do not round your intermediate calculations.)

 

Paper#21782 | Written in 18-Jul-2015

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