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    Practical Financial Management Study Set 1
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    Exam 12: Risk Topics and Real Options in Capital Budgeting
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    A ____ Is a Course of Action That Can Be
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A ____ Is a Course of Action That Can Be

Question 21

Question 21

Multiple Choice

A ____ is a course of action that can be made available, usually at a cost, which improves financial results under certain conditions.


A) probability distribution
B) decision tree
C) risk-adjusted option
D) real option

Correct Answer:

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