A project with a life of 7 has an initial fixed asset investment of $9,240, an initial NWC investment of $880, and an annual OCF of -$14,080. 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 $-13,595.84 $ 16,794.86 $-11,500.37 $-15,195.35 $-15,995.10