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Assuming infinite replication and a cost of capital of 12 percent, determine the net present value of this project using the Equivalent Annual Annuity

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Assuming infinite replication and a cost of capital of 12 percent, determine the net present value of this project using the Equivalent Annual Annuity approach. Year Cash Flow 0 ($5,000.00) 1 $2,000.00 2 $1,600.00 3 $1,400.00 4 $1,200.00 5 $1,000.00 $740 O $1,066 O $896 O $1,250 O $1,450

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