Question 6 (3 points) A company plans to invest in a project. The project is expected to generate the following cash flows: Year Cash Flow 1 200 2 400 3 600 4 800 Assume that the cost of capital is 12% annually (that is, the annual discount rate is 12%). How much is the present value of these cash flows? OA) $1,000 B) $2,000 C) $1,538 D) $1,433 E) $1,238