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A project requires a capital investment of $66,000 today and its operating costs will be $21,000 per year for four years. What is the equivalent
A project requires a capital investment of $66,000 today and its operating costs will be $21,000 per year for four years. What is the equivalent annual annuity of the projects costs, if the companys weighted average cost of capital is 9.4% per year?
A) $42,267
B) $41,551
C) $39,241
D) $37,223
E) $51,083
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