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Use the following table Present Value of an Annuity of 10% 0.909 Period 8% 1 - 0.926 2 1.783 3 2.577 9% 0.917 1.759 2.531
Use the following table Present Value of an Annuity of 10% 0.909 Period 8% 1 - 0.926 2 1.783 3 2.577 9% 0.917 1.759 2.531 1.736 2.487 A company has a minimum required rate of return of 9%. It is considering investing in a project which costs $410000 and is expected to generate cash inflows of $200000 at the end of each year for three years. The net present value of this project is O $50620 $96200 $100000 $506200
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