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investment type question

ABC Quarries has recently opened a limestone quarry at a location outside their traaditional service area. Because limestone is a major ingredient in concrete, if the quarry is successful AC plans to build a readymix concrete plant at the same location. The investment in the concrete plant is best describes as:
A. an externality
B. project sequencing
C. a mutually exclusive project
D. an example of investment synergy
Thx in advance

B

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What section is this discussed in?

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B
lol I’m not even taking L1, but these questions are fun.

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I’d say B as well because of “if the quarry is successful AC plans to build a readymix concrete plant at the same location” is (or sounds to me at least) project sequencing.

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B  this is part of corp finance.

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Absolutely B. Corp Finance: Look up def of project sequencing. A/C/D are easy outs.

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Nice… I haven’t even read that section yet. Crap!

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