1 You are evaluating a new project that requires an initial investment required of $80,734.25. You have estimated the cost of capital as 9%. Expected cash flows over the next four years are given below: Years Cash Flow ($1 18,000 38.000 28,000 4 141.000 What is the PB of the project? Will you accept the project based on the PB method if the threshold is 3.2 years? 2 3 O 2.9 years. The project will be accepted. 2.6 years. The project will NOT be accepted 32 years. The project will NOT be accepted 2.8 years. The project will be accepted 3.0 years. The project will be accepted