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Assuming infinite replication and a cost of capital of 11.5 percent, determine the net present value of this project using the Equivalent Annual Annuity approach.

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Assuming infinite replication and a cost of capital of 11.5 percent, determine the net present value of this project using the Equivalent Annual Annuity approach. $1,450 $740 $1,066 $896 $1,250

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