Use the following table, Period 1 2 3 Present Value of an Annuity of 1 8% 0.926 0.917 1.783 9% 1.759 2.577 2.531 O $30372. O $303720. O $60000. O $43720. 10% 0.909 1.736 2.487 A company has a minimum required rate of return of 9%. It is considering investing in a project which costs $260000 and is expected to generate cash inflows of $120000 at the end of each year for three years. The net present value of this project is

Use the following table. A company has a minimum required rate of return of 9%. it is considering investing in a project which costs $260000 and is expected to generate cash inglows of $120000 at the end of each year for three years. The net present value of this project is $30372$303720$60000$43720