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A project with an initial investment of $446,900 will generate equal annual cash flows over its 8-year life. The project has a required return of

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A project with an initial investment of $446,900 will generate equal annual cash flows over its 8-year life. The project has a required return of 8.7 percent. What is the minimum annual cash flow required to accept the project? Multiple Choice $91,25178 $87,902.91 $74,321.30 O $76,884,10 $79,845.31

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