In this quiz-shortened session, after the quiz, we looked at the final pieces on investment analysis, starting with side benefits from projects (from small pluses to synergy in acquisitions). We also looked at optionality in projects, i.e., times when you can legitimately override conventional investment metrics to take a project, because you may have the option to delay, expand or abandon the project. Finally, we examined why we do postmortems on past projects as a prelude to both holding people accountable as well as making decisions on whether to continue, divest or abandon projects.
Slides: https://pages.stern.nyu.edu/~adamodar...
Post class test: https://pages.stern.nyu.edu/~adamodar...
Post class test solution: https://pages.stern.nyu.edu/~adamodar...