Question 5 4 pts You are presented an opportunity to invest in a development project. The development project is an apartment building that will take 2 years to build. As such, you expect $0 in cash flows for years 1 to 2. After the development is complete you expect to receive the following cash flow from operations: Year 3, $225,000; Year 4, $350,000; Year 5, $475,000. At the end of Year 5 you expect to receive $3,200,000 from the sale of the property. How much would you be willing to pay to invest in this opportunity if your required return for similar investments is 12.00%? $2,467,876 $2,942,651 $3,035,302 $2,273,329 $2,779,960