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A company has a minimum required rate of return of 9%. It is considering investing in a project which costs $320000 and is expected
A company has a minimum required rate of return of 9%. It is considering investing in a project which costs $320000 and is expected to generate cash inflows of $180000 at the end of each year for three years. Given the present value factors in the following table, what is the net present value of this project? Present Value of an Annuity of 1 Period 8% 9% 10% 1 0.926 0.917 0.909 2 1783 1.759 1.736 3 2.577 2.531 2.487 O $135580. O $18560. $136580. O $22000.
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