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At a 13% Cost of Capital,a Project's NPV Is $100,000

Question 68

Multiple Choice

At a 13% cost of capital,a project's NPV is $100,000 if you invest today.By what amount must the initial cost of the project decrease before you would wish to wait 2 years before investing? Assume all else is held constant.


A) $21,685
B) $26,000
C) $27,690
D) $29,380

Correct Answer:

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