In the context of real options, which of the following statements is FALSE?

	A.	When evaluating a project, a company would normally set the hurdle rate equal to the projects opportunity cost of capital.
	B.	By delaying a project, a company may face some incremental costs.
	C.	The option to abandon a project may make the projects Adjusted Present Value positive.
	D.	It may be currently rational for a manager not to invest in a project with a positive Net Present Value.