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The NPV of a project is $1200 and the cost of capital is 15% p.a. If the project lasts 8 years, the EAC of the

The NPV of a project is $1200 and the cost of capital is 15% p.a. If the project lasts 8 years, the EAC of the project is closest to:

A.

267.42

B.

150

C.

360.55

D.

200.98

E.

123.54

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