Question
A firm is evaluating an 8-year project that costs $200,000 and has annual net cash flows of $50,000 per year. The firms cost of capital
A firm is evaluating an 8-year project that costs $200,000 and has annual net cash flows of $50,000 per year. The firms cost of capital is 13%. What is the equivalent annual annuity of the project ?
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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
8th Edition
0618471421, 9780618471423
