Question: A project that will last for 9 years is expected to have equal annual cash flows of $101,800. If the required return is 8.9 percent,

A project that will last for 9 years is expected to

A project that will last for 9 years is expected to have equal annual cash flows of $101,800. If the required return is 8.9 percent, what maximum initial investment would make the project acceptable? Multiple Choice $527,841.82 $672.80515 $588,606.23 $565,544.80 O $1,319,998.15

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