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A company's weighted average cost of capital is 11% per year.A project requires an investment cost of $4,800 today and it is expected to generate

A company's weighted average cost of capital is 11% per year.A project requires an investment cost of $4,800 today and it is expected to generate free cash flows of $2,000 per year for the next five years. What is the project's equivalent annual annuity (EAA)?

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