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8, A project with an initial investment of $449,300 will generate equal annual cash flows over its 10-year life. The project has a required return

A project with an initial investment of $449,300 will generate equal annual cash flows over its 10-year life. The project has a required return of 8.9 percent. What is the minimum annual cash flow required to accept the project?

Multiple Choice

$79,659.56
$64,435.34
$74,638.31
$69,702.11
$66,657.24

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