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A project with an initial investment of $445,700 will generate equal annual cash flows over its 11year life. The project has a required return of

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A project with an initial investment of $445,700 will generate equal annual cash flows over its 11year life. The project has a required return of 8.6 percent. What is the minimum annual cash flow required to accept the project? Multiple Choice $6823108 shi5-an

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