Question: Real options associated with a project increases managerial flexibility. Assume everything else remaining the same , if the uncertainty about a project's future cash flow
Real options associated with a project increases managerial flexibility. Assume everything else remaining the same , if the uncertainty about a project's future cash flow increases , then The value of the timing option diminishes The value of the option to abandon reduces The value of the abandonment option increases The value of the timing option becomes negative The value of the option to expand is reduced
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