For the following project, compute an EAA:   Project A requires you an upfront payment of $212872 and yearly payments of $51728 for 12 years. Your cost of capital is 4.59%

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter12: Capital Budgeting: Decision Criteria
Section: Chapter Questions
Problem 1P: A project has an initial cost of 40,000, expected net cash inflows of 9,000 per year for 7 years,...
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For the following project, compute an EAA:

 

Project A requires you an upfront payment of $212872 and yearly payments of $51728 for 12 years. Your cost of capital is 4.59%

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