Any help as to how I can go about determining if the companys discount rate was 20% instead of 18% what it would do to its net present value? I know it wouldnt be higher but would it be lower or the same?

Required information The Foundational 15 [LO13-1, LO13-2, LO13-3, LO13-5, LO13-6] [T he fo/lowing information applies to the questions displayed beiow.] Cardinal Company is considering a ve-year project that would require a $2,750,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 18%. The project would provide net operating income in each of five years as follows: Sales $2,849,000 Variable expenses 1,122,000 Contribution margin 1,727,000 Fixed expenses: Advertising, salaries, and other fixed outofpocket costs $752,000 Depreciation 550,000 Total fixed expenses 1,302,000 Net operating income $ 425,000 Click here to view Exhibit 1381 and Exhibit 13B2, to determine the appropriate discount factor(s) using table. Foundational 13-9 9. If the company's discount rate was 20% instead of18%, would you expect the project's net present value to be higher, lower, or the same