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标题: expansion option [打印本页]

作者: torontoanalyst    时间: 2011-7-11 19:39     标题: expansion option

Can someone please explain this CFAI curriculum question- Reading 27 Page 77 #18 in capital budgeting. Would expansion require 2 C$190 million investments?
作者: bingbingliang    时间: 2011-7-11 19:39

no, just the one. however you add to that negative, the two possible income streams.
作者: huangxiaoxie    时间: 2011-7-11 19:39

one at time 0,
and if that is successful, once more at time 1...

CP




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