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which one is the correct option? LES 020 Question 9 Periods 1 2 3 Present Valueen Annuity of 1 85 99% 10% 0.926 0.917 0.909

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LES 020 Question 9 Periods 1 2 3 Present Valueen Annuity of 1 85 99% 10% 0.926 0.917 0.909 1.783 1.759 1.236 2.577 2.531 2.487 A company has a minimum required rate of return of 9% and is considering investing in a project that costs $49400 and is expected to generate cash inflows of $19700 at the end of each year for three years. The profitability index for this project is (Round answer to nearest cent) 0.99 @ 1.00, 1.01. O 1.20. Study

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