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TB MC Qu. 07-83 Wilson's Antiques is considering a project... Wilson's Antiques is considering a project with an initial cost today of $10,000. The project

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TB MC Qu. 07-83 Wilson's Antiques is considering a project... Wilson's Antiques is considering a project with an initial cost today of $10,000. The project has a life of 2 years with cash inflows of $6,500 a year. Should the firm decide to wait one year to commence this project, the initial cost will increase by 5 percent, and the cash inflows will increase to $7,500 a year. What is the value of the option to wait at a discount rate of 10 percent? Multiple Choice $1,006.76 $1,606.76 $1,509.28 $1,735.54 $1,235.54

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