What is the opportunity cost of selecting a project with an NPV of $22,500 over another project with an NPV of $18,000?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter12: Capital Budgeting: Decision Criteria
Section: Chapter Questions
Problem 10P: Project S has a cost of $10,000 and is expected to produce benefits (cash flows) of $3,000 per year...
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What is the opportunity cost of selecting a project with an NPV of $22,500 over another project with an NPV of $18,000?

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