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61) Othman is a project manager if SABIC, while the firm is having a difficult time deciding on whether to invest now or wait until

61) Othman is a project manager if SABIC, while the firm is having a difficult time deciding on whether to invest now or wait until costs decrease later. Then, which one of the following would be the decision-making rule?

postpone until costs reach their lowest level.

invest at the date that provides the highest NPV today.

invest now to maximize the NPV.

postpone until the opportunity cost reaches its lowest level.

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