A five-year project has an initial fixed asset investment of $345,000, an initial NWC investment of $25,000, and an annu

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A Five Year Project Has An Initial Fixed Asset Investment Of 345 000 An Initial Nwc Investment Of 25 000 And An Annu 1 (43.36 KiB) Viewed 12 times

A five-year project has an initial fixed asset investment of $345,000, an initial NWC investment of $25,000, and an annual OCF of -$41,000. The fixed asset is fully depreciated over the life of the project and has no salvage value. If the required return is 11 percent, what is this project's equivalent annual cost, or EAC? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Equivalent annual cost $ -136, 146.87