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ABCis evaluating a project with an initial costof$454,000, has a 10-year life and equal annual cash inflows. Thediscount rate is 7.8 percent. Estimate the minimum
ABCis evaluating a project with an initial costof$454,000, has a 10-year life and equal annual cash inflows. Thediscount rate is 7.8 percent. Estimate the minimum annual cash flow required to accept the project?
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