Question: Question 10 1 pts A project has an initial outlay of $803. The project will generate cash flows of $260 in Years 1-3 and cash

 Question 10 1 pts A project has an initial outlay of

Question 10 1 pts A project has an initial outlay of $803. The project will generate cash flows of $260 in Years 1-3 and cash flows of $304 in Years 4-6. What is the equivalent annual annuity (EAA) of this project? Assume an interest rate of 11%. Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. No new data to save. Last checked at 12:14am Type here to search o

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