Question 9 4 pts The Treasurer of the company asks you to calculate the present value (PV) of a series of cash flows: $10,000 received at the end of each year for the next 10 (ten) years using a discount rate of five percent (5.0%). You calculate the amount, using those assumptions. However, before you can communicate your results, the CFO informs you that new information indicates the project has greater risk and a higher return threshold. She asks that you revise your calculation on an eight percent (8.0%) discount rate. Based on this new information, the PV amount calculated in the second calculation would be higher or lower than the first calculation? A. as the discount rate applied to the calculate the PV of the series of cash flows is higher (more risk), the PV will be higher. B. As the discount rate applied to the calculate the PV of the series of cash flows is higher (more risk), the PV of the cash flows will be lower. C. Neither A. or B. D. Both A. and B