Define each of the following terms: a. Project cash flow; accounting income b. Incremental cash flow; sunk

Question:

Define each of the following terms:
a. Project cash flow; accounting income
b. Incremental cash flow; sunk cost; opportunity cost; externality; cannibalization; expansion project; replacement project
c. Net operating working capital changes;
d. Stand-alone risk; corporate (within-firm) risk; market (beta) risk
e. Sensitivity analysis; scenario analysis; analysis
f. Risk-adjusted discount rate; project cost of capital
g. Decision tree; staged decision-tree analysis; decision node; branch
h. Real options; managerial options; strategic options; embedded options
i. Investment timing option; growth option; abandonment option; flexibility option

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