Question: Explain how the $ 8 1 0 , 0 0 0 abandonment value can be viewed as the opportunity cost of keeping the project in
Explain how the $ abandonment value can be viewed as the opportunity cost of
keeping the project in one year. Suppose you think it is likely that expected sales will be revised upward to units if the first
year is a success and revised downward to units if the first year is not a success.
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