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Question 19 Use the following table, Period 1 Present Value of an Annuity of 1 7% 8% 9% 0.935 0.926 0.917 1.808 1.783 1.759 2.624
Question 19 Use the following table, Period 1 Present Value of an Annuity of 1 7% 8% 9% 0.935 0.926 0.917 1.808 1.783 1.759 2.624 2.577 2.531 2 3 A company has a minimum required rate of return of 9% and is considering investing in a project that requires an investment of $114000 and is expected to generate cash inflows of $46000 at the end of each year for three years. The present value of future cash inflows for this project is O $2426. O $116426. O $114000. O $288534
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