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Which of the following statements is FALSE? (4 marks) Select one: O a. It is always better to wait unless there is a cost to
Which of the following statements is FALSE? (4 marks) Select one: O a. It is always better to wait unless there is a cost to doing so. The greater the cost, the less attractive the option to delay becomes. b. Real options add value to an investment opportunity, especially when there is little uncertainty. O c. Abandonment options can add value to a project because a firm can drop a project if it turns out to be unsuccessful. d. Future growth options are not only important to firm value, but can also be important in the value of an individual project. By undertaking a project, a firm often gets the opportunity to invest in new projects that firms outside the industry cannot easily access
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