Question 35 of 40 K > View Policies Current Attempt in Progress Periods 1 Present Value of an Annuity of 1 1094 926 1917 909 1759 1736 2.577 2.531 2487 2 1783 3 A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $77116 and is expected to generate cash inflows of $31000 each year for three years. The approximate internal rate of return on this project is O 9% O 11% 10% less than the required 8%. Seve for Late Attempts: 0 of 1 used Submit