Crowdly
Add to Chrome
At current prices and a 13 percent cost of capital, a project's NPV is $100,000....
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
At current prices and a 13 percent 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 prefer to wait two years before investing?
0%
100%
0%
0%