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A project with a life of 4 has an initial fixed asset investment of $45,780, an initial NWC Investment of $4,360, and an annual OCF

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A project with a life of 4 has an initial fixed asset investment of $45,780, an initial NWC Investment of $4,360, and an annual OCF of $69,760. The fixed asset is fully depreciated over the life of the project and has no salvage value. If the required return is 9 percent, what is the project's equivalent annual cost, or EAC? Multiple Choice $-68,263.53 $ 71,640.76 O -88,49741 O $-84,283 25 5-80,069,09

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