Question: You are evaluating a project which will cost $ 3 , 0 0 0 and has an expected future cash flow of $ 7 0

You are evaluating a project which will cost $3,000 and has an expected future cash flow of $700 per year, forever, if it is started immediately. If you wait one year to start the project, the cost will increase to $3,500 and the expected future cash flows will increase to $795 per year (and continue to be so forever). If the required rate of return is 10%, what would your decision be?
a) Reject the project.
b) Begin the project immediately.
c) Decide today to start the project in one year.
d) A decision cannot be made with the given information.
 You are evaluating a project which will cost $3,000 and has

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