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Suppose a project has a $1,298 cost outlay in Year 0, $1000 net opertating cash inflows for Years 1 - 5, and a $1,500 non-operating
Suppose a project has a $1,298 cost outlay in Year 0, $1000 net opertating cash inflows for Years 1 - 5, and a $1,500 non-operating cash flow in Year 5. Assuming an 15% cost of capital, what is the project's equivalent annual annuity?
Group of answer choices
$757.60
$776.74
$736.27
$835.26
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