Use the following table for questions . 
-A company has a minimum required rate of return of 9% and is considering investing in a project that costs $50,000 and is expected to generate cash inflows of $30,000at the end of each year for two years.The net present value of this project is
A) $20,000.
B) $10,000.
C) $6,920.
D) $2,770.
Correct Answer:
Verified
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