Question
r= 11% Series 1 Series 2 CF0 -1600 -1200 CF1 350 400 CF2 400 500 CF3 450 525 CF4 500 495 CF5 550 CF6 600
r= 11%
Series 1 Series 2
CF0 -1600 -1200
CF1 350 400
CF2 400 500
CF3 450 525
CF4 500 495
CF5 550
CF6 600
A) Pick the better series
B) Find NPV
C) Using NPV, find EAC
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
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