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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 company’s weighted average cost of capital is 10.1% per year. What is the projects equivalent annual annuity?
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
