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Project A has a NPV of $100 and will last for 10 years. Project B has an NPV of $75 and will last for 5
Project A has a NPV of $100 and will last for 10 years. Project B has an NPV of $75 and will last for 5 years. What is the Equivalent Annual Amount for the project you should pick if your cost of capital is 10%? Round your answer to 2 decimal places
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