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A project with a life of 9 has an initial fixed asset investment of $44.940, an initial NWC investment of $4,280, and an annual OCF

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A project with a life of 9 has an initial fixed asset investment of $44.940, an initial NWC investment of $4,280, and an annual OCF of -$68,480. 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

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