You are considering a project that has been assigned a discount rate of 9 percent. If you start the project today, you will incur an initial cost of $1,000 (at t=0) and will receive cash inflows of $500 a year for four years (starting from year-1)lf you wait one year to start the project, the initial cost will rise to $1,300 (at t 1) and the cash flows will increase to $600 a year for four years (starting from year t-2). Should you wait one year to start the project? No, because NPV at t-0 is lower by $29.19 No, because NPV at t-0 is lower by $32.33 No, because NPV at t-0 is lower by $45.40 Yes, because NPV at t-0 is higher by $30.67 OYes, because NPV at t-0 is higher by $41.88