Question: A project that will last for 7 years Is expected to have equal annual cash flows of $103,000. If the required return Is 8.7 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 $103,000. If the required return Is 8.7 percent, what maximum Initial Investment would make the project acceptable? $523.653.86 O$506.438.76 O $938.96870 O $435.130.96 $466,211.75

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