Define valid exception to the npv rule

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Question: What do people mean when they say that option theory is an exception to the NPV rule? Do you agree that this is truly a valid exception to the NPV rule? Illustrate your answer with a simple real-estate-related example. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131736909

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