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32.) A project has the following cash flows: C 0 = -100,000; C 1 = 50,000; C 2 = 150,000; C 3 = 100,000. If

32.)

A project has the following cash flows: C0 = -100,000; C1 = 50,000; C2 = 150,000; C3 = 100,000. If the discount rate changes from 12 percent to 9 percent, what is the change in the NPV of the project (approximately)?

$13,942 decrease

$12,749 increase

$12,749 decrease

$13,942 increase

20,651 increase

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