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True or false: Suppose a firm's CFO thinks that an externality is present in a project, but that it cannot be quantified with any precision;

True or false: Suppose a firm's CFO thinks that an externality is present in a project, but that it cannot be quantified with any precision; estimates of its effect would really just be guesses. In this case, the externality should be ignored - not considered at all - because if it were considered it would make the analysis appear more precise than it really is.

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