Question: Praxis Corp. is considering a five-year project that has a weighted average cost of capital of 14% and a NPV of $80,720. Praxis Corp. can

Praxis Corp. is considering a five-year project that has a weighted average cost of capital of 14% and a NPV of $80,720. Praxis Corp. can replicate this project indefinitely. What is the equivalent annual annuity (EAA) for this project?

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