Question
A five-year project has an initial fixed investment of $335,000, an initial NWC investment of $24,000, and an annual OCF of - $39,000. The fixed
A five-year project has an initial fixed investment of $335,000, an initial NWC investment of $24,000, and an annual OCF of - $39,000. The fixed asset is full depreciated over the life of the project and has no salvage value. If the required return is 10%, what is the project's equivalent annual cost, or EAC?
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi, Francesco A. Fabozzi
10th Edition
026204627X, 978-0253337535
