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Project A has the following cash flows. Assume discount rate is 11.5%. Calculate the EAA for the project. Year 0 1 2 3 4 Cash

Project A has the following cash flows. Assume discount rate is 11.5%. Calculate the EAA for the project.

Year 0 1 2 3 4

Cash flow -40 15 16 16 12

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$15.29

$4.98

$5.63

$1.83

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