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A 5-year project has an initial fixed asset investment of exist522, 600, an initial net working capital investment of exist13, 200, and an annual operating

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A 5-year project has an initial fixed asset investment of exist522, 600, an initial net working capital investment of exist13, 200, and an annual operating cash flow of exist51, 480. The fixed asset is fully depreciated over the life of the project and has no salvage value. The net working capital will be recovered when the project ends. The required return is 13.8 percent. What is the project's equivalent annual cost, or EAC? Select one: -exist204, 795.33 -exist182, 309.18 -exist147, 884.01 -exist235, 490.58 -exist242, 212.22

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