What Would Be the Value of DiscountRate After the Following

What would be the value of discountRate after the following statements are executed?
Double discountRate = 0.0;
Int purchase = 1250
Char cust = 'N';
If (purchase > 1000
If (cust == 'Y')
DiscountRate = 0.05;
Else
DiscountRate = 0.04;
Else if (purchase > 750)
If (cust == 'Y')
DiscountRate = 0.04;
Else
DiscountRate = 0.03;
Else
DiscountRate = 0.0;

A) 0.0
B) 0.04
C) 0.05
D) 0.03

Correct Answer:

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