5. Please evaluate the equal annuity for the following repeated project. The initial investment for the project is $1 million and it will produce cash flows $0.5 million, $1.0 million, $0.8 million in year 1,2 and 3. The discount rate is 5%. a. $302,400 b. $368,924 c. $456,328 d. 394,488 e. 583, 333