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What Is Opportunity Cost in Finance? Definition, Formula & Importance

In a financial sense, the opportunity cost of one decision is the financial return of its best alternative.  Piret Ilver via Unsplash; Canva ContentsWhat Is Opportunity Cost? What Does Opportunity Cost Mean in Finance? How Is Opportunity Cost Calculated? Examples of Opportunity Cost in FinanceOpportunity Cost vs. Sunk Cost: What’s the Difference? Can Opportunity Cost…