Question 100 Use the following table, Present Value of an Annuity of 1 Period 8% 9% 10% 1 926 917 909 1.783 1.759 1.736 2.577 2.531 2.487 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 cash inflows of $140,000 at the end of each year for three years. The net present value of this project is: o a $4.340 O b. $35,436 OCS354,340 O d. $70,000