Question: *2) A project that will last for 10 years is expected to have equal annual cash flows of $103,900. If the required return is

*2) A project that will last for 10 years is expected to

*2) A project that will last for 10 years is expected to have equal annual cash flows of $103,900. If the required return is 8.4 percent, what maximum initial investment would make the project acceptable? A. 618,392 B. 1,534,047 C. 884,555 D. 645,213 E. 684,753 103900 V (1- (1+0084) 0.084 -684,772.0994.

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