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A project with a life of 10 years has an initial fixed asset investment of $50000, an initial NWC investment of $10000 and an annual

A project with a life of 10 years has an initial fixed asset investment of $50000, an initial NWC investment of $10000 and an annual OCF of -$705000. the fixed asset is fully depreciated over the life of the project and has no salvage. If the required return is 12% what is the projects EAC?

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