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Present Value of an Annuity of 1 Periods8%9%10% 1.926.917.909 21.7831.7591.736 32.5772.5312.487 A company has a minimum required rate of return of 8%. It is considering
Present Value of an Annuity of 1
Periods8%9%10%
1.926.917.909
21.7831.7591.736
32.5772.5312.487
A company has a minimum required rate of return of 8%. It is considering investing in aproject that costs $63116 and is expected to generate cash inflows of $25000 each year forthree years. The approximate internal rate of return on this project is
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