A new project is expected to have annual costs as below: Year Cost 1 1,687 2 803
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Question:
A new project is expected to have annual costs as below:
Year | Cost |
1 | 1,687 |
2 | 803 |
The discount rate is 10%. What are the Equivalent Annual Costs of this project?
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0133400694
1st canadian edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
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