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Use the following table: Present Value of an Annuity of 1 A Company has a minimum required rate of return of 9%. It is considering
Use the following table: Present Value of an Annuity of 1 A Company has a minimum required rate of return of 9%. It is considering investing in a project that costs $177,000 and is expected to generate cash inflows of $72,000 at the end of each year for three years. The net present value of this project is Select one: a. $182,232. b. $20,928. c. $13,242. d. $5,232
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