Question: need answer aSap A five-year project has an initial fixed asset investment of $260,000, an initial NWC investment of $20,000, and an annual OCF of

 need answer aSap A five-year project has an initial fixed asset

need answer aSap

A five-year project has an initial fixed asset investment of $260,000, an initial NWC investment of $20,000, and an annual OCF of - $19,000. The fixed asset is fully depreciated over the life of the project and has no salvage value. If the required return is 10%, what is this project's equivalent annual cost, or EAC? (Negative answer should be indicated by a minus sign. Do not round your intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) Equivalent annual cost

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