A capital budgeting project requires a cash investment of $1,600,000. The required rate of return is...

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A capital budgeting project requires a cash investment of $1,600,000. The required rate of return is 12% and the investment will yield annual cash inflows over its useful life of four years. What is the annual cash inflow associated with this investment if the net present value of the investment is zero? (Note: There may be rounding error depending on the discount factor you use. Choose the answer closest to the one you calculate.) $378,966 $526,836 O $549,696 O $591,466 $609,649 A capital budgeting project requires a cash investment of $1,600,000. The required rate of return is 12% and the investment will yield annual cash inflows over its useful life of four years. What is the annual cash inflow associated with this investment if the net present value of the investment is zero? (Note: There may be rounding error depending on the discount factor you use. Choose the answer closest to the one you calculate.) $378,966 $526,836 O $549,696 O $591,466 $609,649

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To determine the annual cash inflow associated with the investment we need to find the equal annual ... View the full answer