Question
A companys weighted average cost of capital is 11.7% per year. A project requires a capital investment of $50,000 today and the associated operating costs
A companys weighted average cost of capital is 11.7% per year. A project requires a capital investment of $50,000 today and the associated operating costs will be $75,000 per year for five years. What is the equivalent annual annuity of the projects costs?
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Investment Science
Authors: David G. Luenberger
2nd Edition
0199740089, 978-0199740086
