A machine has the following cash flows: CF0 = -361,000; CF1 = -90,000; CF2 = -56,000. What is the machine's equivalent annual annuity (EAA) using a cost of capital of 7%? Round your answer to the nearest dollar. Be sure to enter a negative sign (-) if your answer is a negative number.
A machine has the following cash flows: CF0 = -361,000; CF1 = -90,000; CF2 = -56,000. What is the machine's equivalent annual annuity (EAA) using a cost of capital of 7%? Round your answer to the nearest dollar. Be sure to enter a negative sign (-) if your answer is a negative number.
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 4EB: Assume a company is going to make an investment in a machine of $825,000 and the following are the...
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A machine has the following cash flows: CF0 = -361,000; CF1 = -90,000; CF2 = -56,000. What is the machine's equivalent annual
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