Recently the Bank of Canada raised the key policy rate from 2.50% to 3.25%. How could it affect the Present Value (PV) of Net Benefits of a mineral exploration project assuming all other variables remain unchanged?

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Recently the Bank of Canada raised the key policy rate from 2.50% to 3.25%. How could it affect the
Present Value (PV) of Net Benefits of a mineral exploration project assuming all other variables remain
unchanged?
Transcribed Image Text:Recently the Bank of Canada raised the key policy rate from 2.50% to 3.25%. How could it affect the Present Value (PV) of Net Benefits of a mineral exploration project assuming all other variables remain unchanged?
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