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  3. the option to wait: a) is independent of the proje

the option to wait: a) is independent of the project's discount rate. b) must have...

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Question

Finance

the option to wait:

a) is independent of the project's discount rate.

b) must have value even if a project currently does

c) increases in value as the projects sensitivity to new technology decreases.

d) is valueless when a project is profitable given immediate implementation.

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