Question
To justify postponing a project for one year, the NPV needs to increase over that year by a rate that is equal to or greater
To justify postponing a project for one year, the NPV needs to increase over that year by a rate that is equal to or greater than:
A. the project's IRR.
B. the risk-free rate.
C. the cost of capital.
D. zero.
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McMillan On Options
Authors: Lawrence G. McMillan
2nd Edition
0471678759, 978-0471678755
