Question: A project that will last for 7 years is expected to have equal annual cash flows of $97,600. If the required return is 7.5 percent,

 A project that will last for 7 years is expected to

A project that will last for 7 years is expected to have equal annual cash flows of $97,600. If the required return is 7.5 percent, what maximum initial investment would make the project acceptable? Mutiple Choice $857.642.61 $516,948.28 $458,$19.41 $427,578.12 $100 ces a

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