Year 1 378,019.38 175,000 95,000	Year 2 378,019.38 175,000 95,000	Year 3 378,019.38 175,000 95,000
=EBIT Taxes (20%)		108,019.38 21,603.88	108,019.38 21,603.88	108,019.38 21,603.88
=Unlevered net income +Depreciation Additions to Net Working Capital Capital Expenditures	300,000	86,415.5 95,000 30,000	86,415.5 95,000 30,000	86,415.5 95,000 30,000
=Free Cash Flow		151,415.5	151,415.5	151,415.5

Visby Rides, a livery car company, is considering buying some new luxury cars. After extensive research, they come up with the above estimates of free cash flow from this project. By how much could the discount rate rise before the net present value (NPV) of this project is zero, given that it is currently 10%?

A. by 14%

B. by 29%

C. by 19%

D. by 24%