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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 OCF of $35,000. The fixed

A five-year project has an initial fixed asset investment of $340,000, an initial NWC investment of $36,000, and an annual OCF 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 percent, what is this projects equivalent annual cost, or EAC? (Negative amount should be indicated by a minus sign.) (PS: this question was asked and answered three times on Chegg but no one has come up with the correct equivalent annual cost yet)

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