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QUESTION 21 10 points 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

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QUESTION 21 10 points 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 75% A. What is the equivalent annual annuity for Project P? B. What is the equivalent annual annuity for Project Q? T T T Arial 3 (12pt) VT E B V 111 Words:0 Path: P

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