Question: The potential decision to abandon a project has option value because: abandonment can occur at one specific point in the future. a project may be
The potential decision to abandon a project has option value because:
abandonment can occur at one specific point in the future.
a project may be worth more dead than alive.
management is locked into a negative outcome.
future demand may exceed expectations.
the project may be worth more if its commencement is delayed.
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