In case where the investment can be made in stages and is dependent on the future outcomes, the capital budgeting technique that can be adopted will be
A. Simulation technique
B. Hiller model
C. Decision-tree analysis
D. Scenario analysis
Answer:C
In case where the investment can be made in stages and is dependent on the future outcomes, the capital budgeting technique that can be adopted will be
A. Simulation technique B. Hiller model C. Decision-tree analysis D. Scenario analysis