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Question 44 View Policies Current Attempt in Progress Use the following table, cort Period Present Value of an Annuity of 1 8% 9% 10% 0.926

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Question 44 View Policies Current Attempt in Progress Use the following table, cort Period Present Value of an Annuity of 1 8% 9% 10% 0.926 0.917 0.909 1.783 1.759 1.736 2.577 2.531 2.487 2 3 A company has a minimum required rate of return of 9%. It is considering investing in a project which costs $310000 and is expected to generate cash inflows of $170000 at the end of each year for three years. The net present value of this project is O $85000 $430270 O $120270 $43027 Sive for Later Attempts: 0 of 1 used Submit Answer de 2MPM

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