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Use the following table for the questions below. Present Value of an Annuity of 1 Periods 8 % 9 % 1 0 % 1 .
Use the following table for the questions below.
Present Value of an Annuity of
Periods
A company has a minimum required rate of return of It is considering investing in a project that costs $ and is expected to generate cash inflows of $ at the end of each year for three years. The net present value of this project is
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