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A project is expected to generate cash flows of $65,730 per year for 9 years starting today. The project has the same risk as the

A project is expected to generate cash flows of $65,730 per year for 9 years starting today. The project has the same risk as the firm. The weighted average cost of capital (WACC) is 8.80%. Ignoring the impact of taxes, what is the most the firm could invest in the project today?

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