Project a requires an initial investment of 7500 at t 0, Ask an Expert

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Project A requires an initial investment of $7,500 at t = 0. Project A has an expected life of 4 years with cash inflows of $5,000, $4,500, $900, $2,000 at the end of Years 1, 2, 3, and 4 respectively. The project has a required return of 15%. What is the equivalent annual annuity?

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Financial Management, Finance

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