Many projects are [...], so that investing in a project creates the option to invest in future projects.
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sequenced through time
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Open it Many projects are sequenced through time, so that investing in a project creates the option to invest in future projects. For example, you might invest in a project today and then in one year invest in a second project if the
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Subject 2. Basic Principles of Capital Budgeting n select one or another but not both. Independent projects, on the other hand, do not compete for the firm's resources. A company can select one or the other or both, so long as minimum profitability thresholds are met.
<span>Project sequencing. How does one sequence multiple projects over time, since investing in project B may depend on the result of investing in project A?
Unlimited funds versus capital rati
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