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Use the following table for this question Present value of an Annuity of $1 Periods 8% 9% 10% 1 .926 .917 .909 2 1.783
Use the following table for this question 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% and is considering investing in a project which costs $25,000 and is expected to generate cash inflows of $10,000 at the end of each year for three years. The net present value of this project is
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