This is considered as part of capital budgeting, used in a large company, a specialty chemical. It introduces the reader to the issues related to multiple discounts to review the draft and how compensation can influence the management actions. If the second application is the introduction of project-related real options. "Hide
by Robert M. Conroy, Robert Vandell, Diana Harrington Source: Darden School of Business 9 pages. Publication Date: October 12, 1999. Prod. #: UV2051-PDF-ENG
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