Use the following table Present Value of an Annuity of 1 Period 8% 10% 1 0.926 0.917 0.909 2 1.783 1.759 1.736 3 2.577 2.531 2487 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 $30372 $60000 $43720 $303720