A project has the following cash flows. Assume an interest rate of 12%. What is the Equivalent

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A project has the following cash flows. Assume an interest rate of 12%. What is the Equivalent Annual Annuity?

Year	Cash Flow
0	-$13,260
1	$6,673
2	$8,142
3	$6,609
4	$4,096

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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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Posted Date: Jan 04, 2021 08:47 PM

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A project has the following cash flows. Assume an interest rate of 12%. What is the Equivalent

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Financial Institutions Management A Risk Management Approach

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