You are evaluating a project that requires an initial investment of $10,000. The annual expected cash flow of the project is $5,000 as a perpetuity. Your colleague proposes an option of waiting for 2 years. If you wait for 2 years, the initial investment cost will increase by 10% and the annual expected cash flow of the project will increase by 5% forever. If the discount rate is 10%, what are the project NPVs in today's terms if you start the project today vs wait for 2 years? Multiple Choice NPV if start today=$40,000 vs NPV if wait for 2 years = $38,181 NPV if start today=$30,000 vs NPV if wait for 2 years = $38,181 NPV if start today=$40,000 vs NPV if wait for 2 years = $40,00 NPV if start today=$50,000 vs NPV if wait for 2 years = $40,000