Multiple Choice Question 137 Use the following table, Period Prest Value of an Annuity of 8% 10% 0.925 0.917 0.909 1.750 1.736 2.531 2.487 2.527 A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $339154 and is expected to generate cash inflows of $134000 each year for three years The approximate internal rate of return on the project is 10% the IRR on this project cannot be aproximated. 8%. 9