Most companies use traditional capital budgeting techniques, such as payback period and net present value. Why do

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Most companies use traditional capital budgeting techniques, such as payback period and net present value. Why do you think this is the case?

How would you justify the use of real option methodology to a reluctant chief executive?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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