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In a normal distribution,
Option Value
The value of an option, which includes intrinsic value and time value, reflecting the probability of the price movement of the underlying asset.
Abandonment Option
In project management and finance, the option to halt a project or investment if it becomes non-viable or unprofitable.
Improve NPV
Strategies or steps taken to increase the Net Present Value of an investment, thereby enhancing its profitability.
Lower Risk
Investments or actions that are considered to have a lower likelihood of resulting in a loss.
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