Opportunity cost. Revolution Records will build a new recording studio on a vacant iot next to the operations center. The land was purchased five years ago for 5430,000 . Today, the value of the Land has appreciated to $780,000. Revolution Reconds did not consider the valwe of the land in its NPV colculations for the studio project (4 had already spent the money to acquire the land long belore this project was considered). The NPV of the recording studio is 5550,000 . Shousd Revoluton Records have considered the land as part of the cash fow of the fecording studio? if yes, what value should be used, $430,000 or $780,000 ? How will the value affect the project? Should Revolution Records have considered the fand as part of the casti flow of the recorsing studio? (Select the best response). A. Yor. B. No What value should be used, $430,000 or $780,0007 (Select the best response) A. $780,000 B. $0 C. $490,000 How will the value aftect the project? (Select the best respanse) A. If the NPV without considering this cost is $550,000 for the studio then Revolution Recorss could just set the iand and hwe $780,000 as cash income B. The value of the land does not affect the project at ati