Question
A project has the following cash flows: CF0 = -900,000; CF1 = -74,000; CF2 = -92,000; CF3 = -76,000. If the cost of capital is
A project has the following cash flows: CF0 = -900,000; CF1 = -74,000; CF2 = -92,000; CF3 = -76,000. If the cost of capital is 9%, what is the project's equivalent annual annuity (EAA)? Round your answer to the nearest dollar. Be sure to enter a negative sign (-) if your answer is a negative number.
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Mergers Acquisitions And Other Restructuring Activities
Authors: Donald DePamphilis
9th Edition
0128016094, 978-0128016091
