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Project A requires an initial investment of $5,000 at t = 0. Project A has an expected life of 4 years with cash inflows of $2,000, $2,500, $1,500, $1,750 at the end of Years 1, 2, 3, and 4 respectively. The project has a required return of 12%. What is the equivalent annual annuity?

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Financial Management, Finance

Category:- Financial Management
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