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Option To Wait
The choice to delay an investment or decision, which might carry value by allowing more information to be gathered, potentially leading to a better informed decision.
Discounted Cash Flow
A valuation method used to estimate the value of an investment based on its expected future cash flows, adjusted for the time value of money.
Projected Cash Flows
Estimates of the amount of money expected to move in and out of a business over a specified period in the future.
Capital Rationing
The process of selecting the most profitable projects to invest in when capital is limited.
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