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Projects with different lives: your firm is deciding whether to purchase a durable delivery vehicle or a short term vehicle. the durable vehicle cost $25,000 and should last 5 years. the short-term vehicle costs $ 10,000 and should last two years. if the costs of capital for the firm is 15 percent, then what is the equivalent annual cost for the best choice for the firm. round to the nearest dollar

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Financial Management, Finance

Category:- Financial Management
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