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5 . If you receive a positive cash flow of $ 1 7 5 , 0 0 0 at the end of year 3 ,

5. If you receive a positive cash flow of $175,000 at the end of year 3, how much change in the PV of that cash flow if the discount rate is changed from 4% up to 12%?
a. The PV goes from -$159,178 to -$131,619
b. The PV goes from negative to positive
c. The PV goes from -155,574 to -124,562
d. It doubles because the discount rate doubles

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