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USE THE FOLLOWING TABL ments Periods 1 2 Present Value of an Annuity of 1 8% 9% 10% 0.926 0.917 0.909 1.783 1.759 1.736 2.577

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USE THE FOLLOWING TABL ments Periods 1 2 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 ts S 3 If you cannot see the image of the table above, make sure you are using Chrome or Firefox for your browser before sta D Question 24 3 pts se Using the rate table provided above, answer the following question: A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $91,116 and is expected to generate cash inflows of $36,000 each year for three years. The approximate internal rate of return on this project is 8% 9% 10% The IRR on this project cannot be approximated

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