a. Future growth options are not only important to firm value, but can also be important in the value of an individual project. By undertaking a project, a firm often gets the opportunity to invest in new projects that firms outside the industry cannot easily access. b. of pther things equal, the option to wait has a lower value if there is a great deal of uncertainty regarding the falue of the investment in the future. c. Abandonment options can add value to a project because a firm can drop a project if it turns out to be