A company has a minimum required rate of return of 9%. It is considering investing...

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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. Given the present value factors in the following table, what is the net present value of this project? Period 1 2 3 Present Value of an Annuity of 1 8% 9% 0.926 0.917 1.783 1.759 2.577 2.531 $6312. P $14100. a $6000. O $13100. 10% 0.909 1.736 2.487
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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. Given the present value factors in the following table, what is the net present value of this project? $6312. $14100. $6000. $13100

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