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What is a real option? work through a sequential project on paper please. Put together the decision tree ComputeE(NPV) Properly interpret a E(NPV)>0 for a
What is a real option?
work through a sequential project on paper please.
Put together the decision tree
ComputeE(NPV)
Properly interpret a E(NPV)>0 for a sequential project (it will differ from the standard
positive NPV and expected NPV
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