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Sensitivity analysis: a. is a logical extension of partitioning to determine what portions of the forecast merit further refinement. b. is similar in form to

Sensitivity analysis: a. is a logical extension of partitioning to determine what portions of the forecast merit further refinement. b. is similar in form to payback analysis, except that it is done on a present value basis. c. is a substitute for the certainty equivalent technique. d. can only be done on a before-tax basis.

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