A 9-year project has an initial fixed asset investment of


A 9-year project has an initial fixed asset investment of $39,060, an initial NWC investment of $3,720, and an annual OCF of -$59,520. The fixed asset is fully depreciated over the life of the project and has no salvage value. Required: If the required return is 19 percent, what is the project's equivalent annual cost, or EAC?

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Financial Management: A 9-year project has an initial fixed asset investment of
Reference No:- TGS01402315

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