in corporate finance: what is sunk cost and opportunity cost refer to?Thanks.
sunk cost - doesn’t depend on the decision to accept or reject project opportunity cost - cost of giving up not pursuing other options in mutually-exclusive cases
in corporate finance: what is sunk cost and opportunity cost refer to?Thanks.
sunk cost - doesn’t depend on the decision to accept or reject project opportunity cost - cost of giving up not pursuing other options in mutually-exclusive cases