Suppose Ferrous is deciding whether to invest in a DVD-HD project. The payback period for...

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Finance

Suppose Ferrous is deciding whether to invest in a DVD-HD project. The payback period for the $8 million investment is two years, and the project's expected life is seven years. What equal annual net cash inflows are expected from this project?
First, enter the formula, and then calculate the equal annual net cash inflows. (Round your answer to the nearest whole dollar.)
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