10 1.39 points A project with the required rate of return of 8% provides annual cash flows of $8,000 during the years 1-3, nothing during the years 4-5 and $5,550 during the years 6-7. What is the present value of this project? $22.971.52 $29,156.56 $22,198.40 03 $25,806.33 $27,352.59 Next