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77 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

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77 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? out of Select one: $26,000 Ob. $29,380 ho C. $27,690 d. $21,685 15 If a project permits a reduction in the level of working capital , this reduction is assumed to increase cash flows, d Select one: out of O True False

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