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

  • $515,543.41

  • $481,173.85

  • $1,068,163.66

  • $547,743.25

  • $568,616.83

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