Natalie is expected to graduate in Spring 2022 and has already found a job after graduation. Her future employer has promised to give Natalie $8,000 sign-on bonus when she graduates from college. What happens to the present value of this bonus if Natalie delay's graduation by one semesters and graduates in Fall 2022?

a.Becomes negative. b.Remains constant. c.Cannot be determined from the information provided. d.Increases. e.Decreases