. You are considering a project with the following cash flows:

Year 1 - $1200

Year 2 - $1800

Year 3 - $2900
What is the present value of these cash flows, given a 9% discount rate?
A. $4,713.62
B. $4,855.27
C. $5,103.18
D. $5,292.25
E. $6,853.61