Jaclyn Co. has a 2-year capital project with an internal rate of return factor of 1.690. The companys initial investment in the project was $202,800. If Jaclyns hurdle rate is 10%, what were the annual cash flows associated with this capital project? $24,336. There is insufficient information to determine the annual cash flows.

Multiple Choice

• $24,336.

• There is insufficient information to determine the annual cash flows.

• $120,000.

• $171,366.

• $145,200.