Question
Project P has a $960,000 cost and annual cashflows of $275,000 expected over a 7-year life. Project Q has a $775,000 cost and annual cashflows
Project P has a $960,000 cost and annual cashflows of $275,000 expected over a 7-year life. Project Q has a $775,000 cost and annual cashflows of $330,000 expected over a 4-year life. The firm's cost of capital is 7.5%
A. What is the equivalent annual annuity for Project P?
B. What is the equivalent annual annuity for Project Q?
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The Essential Credit Repair Handbook
Authors: Deborah McNaughton
1st Edition
160163160X, 978-1601631602
