A 11-year project has an initial fixed asset investment of $8,820, an initial NWC investment of $840, and an annual OCF of -$13,440. The fixed asset is fully depreciated over the life of the project and has no salvage value. Required: If the required return is 11 percent, what is the project's equivalent annual cost, or EAC? (Do not round your intermediate calculations.) Multiple Choice O $-8,437.19 $-14,953.49 $-14,205.81 $-15,701.16