Question
A project has the following cash flows. Assume an interest rate of 8%. What is the Equivalent Annual Annuity? Year Cash Flow 0 -$1,271 1
A project has the following cash flows. Assume an interest rate of 8%. What is the Equivalent Annual Annuity?
| Year | Cash Flow |
| 0 | -$1,271 |
| 1 | $466 |
| 2 | $977 |
| 3 | $731 |
| 4 | $759 |
Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.
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A Guide To Starting Your Hedge Fund
Authors: John Thompson, Erik Serrano Berntsen
1st Edition
0470519401, 978-0470519400
