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a five year project has an initial fixed asset investment of 613,000 an initial net working capital investment of 22,200 and an annual operating cash
a five year project has an initial fixed asset investment of 613,000 an initial net working capital investment of 22,200 and an annual operating cash flow of -76,540. 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 11.7 percent. what is the projects equivalent annual cost
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