Question: A project that will last for 8 years is expected to have equal annual cash flows of $97.900. If the required return is 7.6 percent,

 A project that will last for 8 years is expected to

A project that will last for 8 years is expected to have equal annual cash flows of $97.900. If the required return is 7.6 percent, what maximum initial investment would make the project acceptable? Multiple Choice $482,301.46 $550,008.71 $516,751.56 $1,026.395.85 $571.237.51

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