Question: Please give answer using manual calculation and not using excel or financial calculator. A project with an initial investment of $433,700 wil generate equal annual
A project with an initial investment of $433,700 wil generate equal annual cash flows over its 9 year life. The project has a required return of 76 percent. What is the minimum annual cash flow required to accept the project? Multiple Choice 168.276.15 $74,328.50 $78029 38 563.25758 $65,438 88
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