Business, 19.02.2021 01:00 addisonrausch

ou are considering a project that has been assigned a discount rate of 8 percent. If you start the project today, you will incur an initial cost of $480 and will receive cash inflows of $350 a year for three years. If you wait one year to start the project, the initial cost will rise to $520 and the cash flows will increase to $385 a year for three years. What is the value of the option to wait

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