A project is expected to generate a cash flow of $8000 in year 1, $2000 in year 2, and $5000 in year 3. At an interest rate of 8%, what is the maximum amount that you could invest in the project at year O?

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A project is expected to generate a cash flow of $8000 in year 1, $2000 in year 2, and $5000 in year 3. At an interest rate of 8%, what is the maximum amount that you could invest in the project at year O?

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