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Globo - Dharma Co . is considering a five - year project that has a weighted average cost of capital of 1 2 % and

Globo-Dharma Co. is considering a five-year project that has a weighted average cost of capital of 12% and a NPV of $56,489. Globo-Dharma Co. can replicate this project indefinitely. What is the equivalent annual annuity (EAA) for this project?
a) $15,671
b) $16,455
c) $14,887
d) $13,320
e) $19,589
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