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FINANCE 2 answers below » A five-year project has an initial fixed asset investment of $295,000, an initial NWC investment of $27,000, and an annual OCF of ?$26,000. The fixed asset is
fully depreciated over the life of the project and has no salvage value. If the required return is 12 percent, what is this project’s equivalent annual cost, or
EAC? Jan 10 2014 09:29 AM