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A project with an initial investment of $454,100 will generate equal annual cash flows over its 10-year life. The project has a required return of
A project with an initial investment of $454,100 will generate equal annual cash flows over its 10-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 O $64,536.02 $66,761.40 $79,801.50 $74,822.08
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