If an investment has cash outflows of Q dollars at the end of each year for three years, then the present value of these cash outflows under a 10% rate of return will be:

	A. equal to that under a 12% rate of return.
	B. greater than under a 12% rate of return.
	C. unknown because it depends on the size of Q.
	D. less than under a 12% rate of return.