Present Value of an Annuity of 1 Periods 9 0 917 1 759 1 2 3 2 531 A company has a minimum required rate of return of 9 It is considering investing in a project which costs 350 000 and is expected to generate net income of 137 000 and cash inflows of 140 000 at the end of each year for three years The up will be 9 000 The net present value of this project is