5. If you receive a positive cash flow of $195,000 at the end of year 3, how much change in the PV of that cash flow if the discount rate is changed from 7% up to 14% ?

a. The PV goes from -$159,178 to -$131,619

b. The PV goes from -113,378 to -103,306

c. The PV goes from negative to positive

d. It doubles because the discount rate doubles