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Present Value of an Annuity of 1 Periods 8% 9% 10% 1 0.926 0.917 0.909 2 1.783 1.759 1.736 3 3 2.577 2.531 2.487 A

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Present Value of an Annuity of 1 Periods 8% 9% 10% 1 0.926 0.917 0.909 2 1.783 1.759 1.736 3 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 that costs $228000 and is expected to generate cash inflows of $91000 at the end of each year for three years. The net present value of this project is $230321. O $45500. O $2321. $23032

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