Multiple Choice Question 58 Use the following table, Present Value of an Annuity of 1 Period 8% 9% 10% 1 0.926 0.917 0.909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 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 inflows of $200000 at the end of each year for three years. The net present value of this project is O $166200. O $50620. $506200. O $100000