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5. value: 1.00 points A 12-year project has an initial fixed asset investment of $30,240, an initial NWC investment of $2,880, and an annual OCF
5. value: 1.00 points A 12-year project has an initial fixed asset investment of $30,240, an initial NWC investment of $2,880, and an annual OCF of -$46,080. The fixed asset is fully depreciated over the life of the project and has no salvage value. Required If the required return is 9 percent, what is the project's equivalent annual cost, or EAC? (Do not round your intermediate calculations.) O $-48,034.12 o $-30,171.86 $-53,090.35 O $-50,562.24 O $-42,97790
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