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Assuming infinite replication and a cost of capital of 1 0 . 5 percent, determine the net present value of this project using the Equivalent

Assuming infinite replication and a cost of capital of 10.5 percent, determine the net present value of this project using the Equivalent Annual Annuity approach. Year 0: Cash Flow=($5,000)Year 1: Cash Flow= $2,000Year 2: Cash Flow= $1,600Year 3: Cash Flow= $1,400Year 4: Cash Flow= $1,200Year 5: Cash Flow= $1,000

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