9:36 Marked out of 2.00 Flag question Time left 1:07:34 The details of an investment project are as follows: Cost of asset bought at the start of the project $80,000 Annual cash inflow $25,000 Cost of capital 5% each year Life of the project 8 years The present value of the cash flows that occur in the second year of the project is: a. $20,575 O b. $23,800 O c. $21,000 O d. $22,675 Question 10 e2.alphacollege.ca C