Why does traditional NPV analysis break down in the presence of real options within an investment opportunity?

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Derivatives Principles And Practice

ISBN: 9780078034732

2nd Edition

Authors: Rangarajan Sundaram

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Question Posted: Jan 11, 2024 09:03 AM

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Why does traditional NPV analysis break down in the presence of real options within an investment opportunity?

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In traditional NPV analysis expected cash flows are discounted at th...View the full answer

Derivatives Principles And Practice

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