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A project requires an investment of $15000 today and it is expected to generate free cash flows of $5000 per year for 4 years. The
A project requires an investment of $15000 today and it is expected to generate free cash flows of $5000 per year for 4 years. The companys weighted average cost of capital is 10.1% per year. What is the projects equivalent annual annuity?
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Lectures On Public Economics
Authors: Anthony B. Atkinson, Joseph E. Stiglitz
1st Edition
0691166412, 978-0691166414
