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For every positive net present value project that a firm undertakes, the equity in the firm will increase the most if the delta of the
For every positive net present value project that a firm undertakes, the equity in the firm will increase the most if the delta of the call option on the firm's assets is:
Multiple Choice
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between zero and minus one.
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equal to minus one.
Incorrect -
equal to zero.
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between zero and one.
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equal to one.
Correct
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