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A project has the following cash flows: C0 = -200,000; C1 = 50,000; C2 = 100,000; C3 = 150,000. If the discount rate changes from

A project has the following cash flows: C0 = -200,000; C1 = 50,000; C2 = 100,000; C3 = 150,000. If the discount rate changes from 10% to 12%, the CHANGE in the NPV of the project is closest to:

A.$23,076 increase

B.$23,076 decrease

C.$9,667 decrease

D.$9,667 increase

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