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A project is expected to produce cash flows of $48,000, $39,000, and $15,000 over the next three years, respectively. After three years, the project will

A project is expected to produce cash flows of $48,000, $39,000, and $15,000 over the next three years, respectively. After three years, the project will be worthless. Will you invest $82,000 in the project today if the applicable discount rate is 2.54 percent?

A) Yes, because the project is worth $89,201.76
B) No, because the project is worth $80,809.09
C) No, because the project is worth $97,815.50
D) Yes, because the project is worth $97,815.50
E) Yes, because the project is worth $$80,809.09

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