Question: A project that will last for 8 years is expected to have equal annual cash flows of $99,700. If the required return is 8.2 percent,
A project that will last for 8 years is expected to have equal annual cash flows of $99,700. If the required return is 8.2 percent, what maximum initial investment would make the project acceptable?
Multiple Choice
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$515,543.41
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$481,173.85
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$1,068,163.66
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$547,743.25
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$568,616.83
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