A company has a minimum required rate of return of 9%. It is considering investing in a project which costs $340000 and is expected to generate cash flows of $200000 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? Period 1 2 3 Present Value of an Annuity of 1 8% 0.926 1.783 O $10000. O $50620. O $506200. O$166200. 2.577 9% 0.917 1.759 2.531 10% 0.909 1.736 2.487 SUPPC

A company has a minimum required rate of return of 99 . It is considering investing in a project which costs $340000 and is expected to generate cash flows of $200000 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? 5100005506205506200$166200