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A five year project has an initial fixed asset investment of $340,000, an initial NWC investment of $36,000 and an annual OFC of -$35,000. The
A five year project has an initial fixed asset investment of $340,000, an initial NWC investment of $36,000 and an annual OFC of -$35,000. The fixed asset is fully depreciated over the life of the project and has no salvage value. If the required return is 11%, what is the projects equivalent annual cost, or EAC
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Fundamentals of corporate finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
9th edition
978-0077459451, 77459458, 978-1259027628, 1259027627, 978-0073382395
