Multiple Choice
At current prices and a 13% cost of capital,a project's NPV is $100,000.By what minimum amount must the initial cost of the project decrease (revenues will be unchanged) before you would wait 2 years to invest?
A) $21,685
B) $26,000
C) $27,690
D) $29,380
Correct Answer:

Verified
Correct Answer:
Verified
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