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Why Is Straight NPV Analysis Flawed as Compared to Models

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Why is straight NPV analysis flawed as compared to models that include option pricing in the NPV analysis?


Definitions:

Gardner's Theory

Proposed by Howard Gardner, it suggests that intelligence is multidimensional, comprising different domains of cognitive capability rather than a single, general ability.

Multiple Intelligences

Describes a theory by Howard Gardner that suggests human intelligence is composed of various distinct faculties beyond just a single, general ability.

Verbal-Linguistic

This relates to the understanding and manipulation of language and words as a way of communication, learning, and reasoning.

Fixed Battery Approach

A standardized assessment method in which the same set of tests is administered to all examinees.

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