Question: A project that will last for 12 years is expected to have equal annual cash flows of $102,700. If the required return is 8.8 percent,

A project that will last for 12 years is expected to have equal annual cash flows of $102,700. If the required return is 8.8 percent, what maximum initial investment would make the project acceptable?
 A project that will last for 12 years is expected to

A project that will last for 12 years is expected to have equal annual cash flows of $102,700. If the required return is 8.8 percent, what maximum initial investment would make the project acceptable

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