Describe characteristic of decision-tree analysis

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Which of the following statements accurately describe characteristic(s) of decision-tree analysis as it is conducted with respect to project evaluation?

Group of answer choices

(a) When using a decision-tree analysis, we assess the earliest decision first and then gradually work our way from left to right until we reach the most distant decision.

(b) An advantage of the technique is that you don't need to know what the appropriate discount rate is when evaluating a project - you simply use the risk-free rate of return.

(c) It is a technique that addresses the impact on project value that managerial flexibility in future decisions has.

(d) More than one of the above statements are correct.

(e) None of the above statements are correct.

Reference no: EM133056294

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