8) You have an opportunity to make an investment today that you estimate will generate a cash flow of $4,500 in year one, $3,100 in year two and $7,500 in year three. Assume all cash flows will occur at the end of each year and that the investment will have no value after year three. If you feel the appropriate rate of return on this investment is 15%, how large of an investment are you willing to make today in order to generate these cash flows?

A. $18,100

B. $14,257

C. $11,188

D. $10,986