X Your answer is incorrect. Periods 1 2 3 Present Value of an Annuity of 1 104 926 917 909 1.783 1759 1.736 2.577 2531 2467 A company has a minimum required rate of return of 8. It is considering investing in a project that costs 5103116 and is expected to generate cash inflows at $41000 each year for three years. The approximate internal rate of return on this projectis 115 896 less than the required 8% If a project costing $92000 has a profitability index of 1 and the discount rate was 12%, then the present value of the net cash flows was less than $92000 undeterminable greater than $92000 $92000 Use the following table, Period 1 Present Value of an Annuity of 1 B% 10% 0.926 0.917 0.909 1.783 1.759 1.736 2577 2.531 2,487 2 3 A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $329030 and is expected to generate cash inflows of $130000 each year for three years. The approximate internal rate of return on this project is 9% the IRR on this project cannot be approximated B% 10%