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Given the following data for Project X: NPV of the project without abandonment: -$2 million; abandonment option value: $6million. Calculate the adjusted present value (APV)

Given the following data for Project X: NPV of the project without abandonment: -$2 million; abandonment option value: $6million. Calculate the adjusted present value (APV) of the project:

A.

-$2 million

B.

+$4 million

C.

+$2 million

D.

none of the above

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