If the Option to Abandon Is Ignored,the

Multiple Choice

If the option to abandon is ignored,the

A) initial cash flow of a project may be overstated.
B) net present value of a project may be understated.
C) net present value of a project will be stated at a time other than Time 0.
D) net present value of a project will be overstated.
E) initial cash flow of a project will be understated.