A project with a life of 5 has an initial fixed asset investment of $24,360, an initial
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A project with a life of 5 has an initial fixed asset investment of $24,360, an initial NWC investment of $2,320, and an annual OCF of –$37,120. The fixed asset is fully depreciated over the life of the project and has no salvage value. |
If the required return is 8 percent, what is the project's equivalent annual cost, or EAC? |
Related Book For
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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