ROPMs (Real Options Pricing Models)value Information Systems Similar to Stock

Multiple Choice

ROPMs (real options pricing models) value information systems similar to stock options,in that

A) ROPMs can be bought and sold like stocks.
B) a company's worth can be evaluated by the worth of their ROPMs.
C) initial expenditures on IT projects are seen as creating the right to pursue and obtain benefits from the system at a later date.
D) expenditures and benefits from IT projects are seen as inflows and outflows of cash that can be treated themselves like options.
E) the price paid today for information systems reflects their future cash flows.