A project is expected to produce cash flows of $5,000,$8,000,and $16,000 over the next three years,respectively.After three years,the project will be discontinued.What is this project worth today at a discount rate of 15 percent?
A) $19,201.76
B) $19,435.74
C) $20,917.24
D) $21,808.17
E) $22,758.00 
Correct Answer:
Verified
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