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  3. cash flows for projects a are as follows: year ca

Cash flows for Projects A are as follows: Year Cash Flows A ...

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Finance

Cash flows for Projects A are as follows:

Year Cash Flows A

0 -$500

1 350

2 350

3 200

4 200

5 200

If the firm's cost of capital is 11 percent, what is the EAA of the project when the project is evaluated as equivalent annual annuities?

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