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A project manager is arguing that his project is positive NPV and thus should be invested in right away.You ask for the details and find
A project manager is arguing that his project is positive NPV and thus should be invested in right away.You ask for the details and find that it is a very risky project where much of the uncertainly can be resolved over the next year by examining what is going on in the general marketplace in one year's time.What issues might lead you to invest in the project now versus waiting a year and waiting for some of the uncertainty to be resolved after observing the marketplace?
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