4. Suppose you have an opportunity to invest in a project, which is expected to generate $5000 in year 1, $7000 in year 2, and $8000 in year 3. The appropriate discount rate for the project is 10%. What is the initial investment of the project when the project's NPV is $4000?
a. $17,609.25
b. $12,341.09
c. 21,500.00
d. $20,218.50
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