On the Notion of Embedded Options, Which of the Following

Multiple Choice

On the notion of embedded options, which of the following is/are true?

A) If virtually all projects have embedded options, ignoring options is likely to lead to serious undervaluation.
B) There are at least two possible outcomes for virtually every business idea.
C) Virtually every business has both the option to abandon and the option to expand.
D) All of the above.
E) Both B and C.