7. Timing options (S23.2) You own a parcel of vacant land. You can develop it now, or...

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7. Timing options (S23.2) You own a parcel of vacant land. You can develop it now, or wait.

a. What is the advantage of waiting?

b. Why might you decide to develop the property immediately?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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