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The Option to Wait

Question 16

Multiple Choice

The option to wait:
I.may have minimal value if a project relates to a rapidly changing technology.
II.is partially dependent upon the discount rate applied to the project being evaluated.
III.could have a negative value.
IV.is valued based on a project's EAC.


A) I and III only
B) II and IV only
C) I and II only
D) II,III,and IV only
E) I,II,and III only

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