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Calculate the AE given a project with an outlay of -2000 and cash flows of 1500 per year for 5 years. The discount rate is
Calculate the AE given a project with an outlay of -2000 and cash flows of 1500 per year for 5 years. The discount rate is 0.11. The rate is given as a decimal (eg .12 is 12%). Answer to the nearest dollar.
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
