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A project with a life of 11 has an initial fixed asset investment of $10,080, an initial NWC investment of $960, and an annual OCF
| A project with a life of 11 has an initial fixed asset investment of $10,080, an initial NWC investment of $960, and an annual OCF of $15,360. The fixed asset is fully depreciated over the life of the project and has no salvage value. |
| If the required return is 12 percent, what is the project's equivalent annual cost, or EAC? |
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Foundations In Personal Finance
Authors: Dave Ramsey
College Edition
1936948001, 978-1936948000
