Question: TB 08-85 When managers cannot determine whether to invest n... When managers cannot determine whether to invest now or wait until costs decrease later, the
TB 08-85 When managers cannot determine whether to invest n... When managers cannot determine whether to invest now or wait until costs decrease later, the rule should be to O postpone until costs reach their lowest. O postpone until the opportunity cost reaches its lowest Invest now to maximize the NPV. O Invest at the date that gives the highest NPV today
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