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Use the following table Present Value of an Annuity of 1 Perlod 8% 9% 10% 1 0.926 0.917 0.909 2 1.783 1.759 1.736 3 2.577
Use the following table Present Value of an Annuity of 1 Perlod 8% 9% 10% 1 0.926 0.917 0.909 2 1.783 1.759 1.736 3 2.577 2531 2.487 A company has a minimum required rate of return of 9%. It is considering investing in a project which costs $240000 and is expected to generate cash inflows of $100000 at the end of each year for three years. The net present value of this project is $25310 $50000. $253100 $13100
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