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Question 39 Not yet answered Marked out of 2 Flag question Use the following table: Present Value of an Annuity of 1 Periods 8%

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Question 39 Not yet answered Marked out of 2 Flag question Use the following table: Present Value of an Annuity of 1 Periods 8% 9% 10% 1 .926 .917 .909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 A Company has a minimum required rate of return of 9%. It is considering investing in a project that costs $177,000 and is expected to generate cash inflows of $72,000 at the end of each year for three years. The net present value of this project is Select one: a. $182,232. b. $20,928. c. $13,242. d. $5,232.

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