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Cash Flow Project A Year O: -$10,000 Year 0: -$45,000 Year 1: 1 7,000 Year 1: 10,000 15,000 Year 2: 17,000 Year 2: Year 3:

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Cash Flow Project A Year O: -$10,000 Year 0: -$45,000 Year 1: 1 7,000 Year 1: 10,000 15,000 Year 2: 17,000 Year 2: Year 3: 14000 Year 3: 16,000 Year 4: 15,000 Year 5: 14,000 Year 6: 13,000 Widget Corp. is considering a four-year project that has a weighted average cost of capital of 12% and a NPV of $29,567. Widget Corp. can replicate this project indefinitely. What is the equivalent annual annuity (EAA) for this project? $10,221 O$9,734 O $11,194 O $11,681 O $8,761

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