A Project Is Expected to Produce Equal Annual Cash Flows

A project is expected to produce equal annual cash flows of $16,883 a year for five years after the initial investment. If the required rate of return is 10%, at what maximum investment level
Will the project add value to the firm?

A) The initial investment must be less than $64,000.
B) The initial investment must be less than $84,415.
C) The initial investment must be less than $79,812.
D) This cannot be determined without knowing the internal rate of return of the project.