(Choose 1 answer)
(20773) Windy Burgers is trying to determine when to harvest a herd of cows that it curre harvests the herd in year 1, the NPV of the project would increase over an immediate harves year 2 harvest would create an NPV increase of 15 percent over that of year 1 and year 3 wo increase of 7 percent over that of year 2. If the cost of capital is 12 percent for Windy, then w would maximize the NPV for the firm? Assume that all NPVs are calculated from the perspec
A. Harvest immediately.
B. Harvest in year 1.
C. Harvest in year 2.
D. Harvest in year 3.
44/50-CAP
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