Which of the following will lead to an increase in the NPV when switching from checks to ACH?
a. A decreased number of disbursements (assume that cost savings exist)- Will lead to an increase, or will not?
b. An increase in the cost of processing a check relative to an ACH- Will lead to an increase, or will not?
c. A decrease in the opportunity cost- Will lead to an increase, or will not?
d. An increase in the up-front cost of conversion- Will lead to an increase, or will not?