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Present Value of an Annuity of 1 Periods 8% 9% 10% 1 .926 .917 .909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 A company
Present Value of an Annuity of 1 Periods 8% 9% 10% 1 .926 .917 .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 8% it is considering investing in a project that costs $150,000 and is expected to generate cash inflows of $62,000 at the end o each year for three years. The Net present value of this project is? A. 4,194 B. 154,194 C. 9,774 D. 159,774
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