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The projected annual cash outflows of a capital budgeting project are ( -300,-200,-150,-125 ) over the next 4 years. The projects initial cash outflow is

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The projected annual cash outflows of a capital budgeting project are \\( -300,-200,-150,-125 \\) over the next 4 years. The projects initial cash outflow is -900 . What is the Equivalent Annual Cost of the project if the cost of capital is \975 ? Multiple Choice 483 403 639 1539

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