CALCULATOR RACK URCES Multiple Choice Question 137 Use the following table, Period Present Value of an Annuity of 1 8% 10% 0.926 0.917 0.909 1.783 1.759 1.736 2.577 2.531 2.487 A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $349278 and is expected to generate cash inflows of $138000 each year for three years. The approximate Internal rate of retum on this project is 9%. 10% O 8% the IRR on this project cannot be approximated. Click If you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used SUBMIT ANSWER Evaluation 22. x MacBook Air