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Present Value of an Annuity of Periods 1 8% 0.926 1.783 2.577 2 9% 0.917 1.759 2.531 10% 0.909 1.736 2487 3 A company has

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Present Value of an Annuity of Periods 1 8% 0.926 1.783 2.577 2 9% 0.917 1.759 2.531 10% 0.909 1.736 2487 3 A company has a minimum required rate of return of 9%. It is considering investing in a project that costs $231000 and is expected to generate cash inflows of $92000 at the end of each year for three years. The net present value of this project is O $46000 O $1852. O $232852 O $23285. e Textbook and Media

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