Q: 14
A project requires an initial investment of $50,000. It will generate positive cash flows for two years
as follows.
The cost of capital is 12% per year.
What is the equivalent annual net present value of the project?
Give your answer to the nearest $10.
The cost of capital is 12% per year.
What is the equivalent annual net present value of the project?
Give your answer to the nearest $10.Your Answer
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